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September 18, 2012
Panda Power Funds today announced that its affiliate Panda Sherman Power, LLC has successfully completed the financing on its planned 758-megawatt natural gas-fueled, combined-cycle power plant in Sherman, Texas.
September 13, 2012
ERCOT yesterday announced in a market notice changes in transmission element statuses to reduce West Load Zone congestion
September 13, 2012
The Public Utility Commission of Texas this afternoon directed ERCOT to perform a backcast analysis of the resource adequacy approaches proposed in the Brattle report, including the filed stakeholder proposals which fall within or tweak the Brattle-outlined mechanisms, to determine the additional…
September 11, 2012
Kinder Morgan CO2 Company, L.P. filed comments at the Public Utility Commission of Texas regarding congestion in the West Zone, expressing dissatisfaction with the congestion revenue rights (CRR) process, and warning of economic consequences from continued West Zone congestion.
September 10, 2012
ERCOT has submitted another letter, in Docket 31600, to the PUCT reporting on continuing discussions and actions to address congestion in the West Zone.
September 7, 2012
Staff of the Public Utility Commission of Texas have filed a recommended proposal for adoption for a revised energy efficiency rule, which would include a requirement that the Energy Efficiency Cost Recovery Factor (EECRF) applicable to REPs shall be a volumetric charge for residential customers.
September 7, 2012
An overview of how imposing capacity obligations on retail electric providers in Texas will inevitably lead to the demise of independent retail electric providers not subsidized by mandatory capacity payments
September 5, 2012
A new Seasonal Assessment of Resource Adequacy (SARA) released by the Electric Reliability Council of Texas (ERCOT) anticipates that there will be enough power available to serve consumer needs within the ERCOT grid during the upcoming fall.
September 4, 2012
Several ERCOT generators have asked the Public Utility Commission of Texas to abandon the state's free market in exchange for a command and control approach to electricity under which the ultimate price of electricity would be driven, in large part, by the outcome of computer models and forecasts…
August 31, 2012
ERCOT yesterday filed in PUCT project 31600 an August 29 letter to the City of Seymour concerning the city's request for action regarding congestion in the ERCOT west zone.
August 27, 2012
The Public Utility Commission of Texas will hold a workshop in Project No. 40000, Commission Proceeding to Ensure Resource Adequacy in Texas, on September 6.
August 27, 2012
Calling the dramatic increase in congestion costs in the ERCOT West Zone a "crisis," Priority Power Management, LLC filed a request with the Public Utility Commission of Texas for an emergency inquiry into the extreme levels of congestion costs in the west load zone.
August 24, 2012
Tenaska, Inc. has filed a strawman proposal with the Public Utility Commission of Texas to address resource adequacy in ERCOT, under which load serving entities would be required to meet, on a four-year forward basis, "administratively-set reliability levels," with Tenaska stating that the mechanism…
August 21, 2012
A federal court today struck down the federal Environmental Protection Agency's Cross-State Air Pollution Rule (CSAPR), finding that the EPA exceeded its statutory authority.
August 21, 2012
ERCOT has asked market participants to express whether they are interested in participating in a proposed Fast-Responding Regulation Service (FRRS) pilot project.
August 20, 2012
Stressing that meeting a mandated reserve margin, which would require additional costs to be imposed on customers, does not guarantee that customers will never experience a capacity-related load shed, Texas Public Utility Commissioner Kenneth Anderson said on Friday that he is, "unalterably opposed"…
August 17, 2012
Raising the offer cap in ERCOT would not allow the market to achieve the desired reserve margin, Donna Nelson, Chair of the Public Utility Commission of Texas, said in a memo in advance of today's open meeting.
August 17, 2012
The City of Seymour, Texas, which runs a municipal utility, has asked the Public Utility Commission of Texas to address congestion in the ERCOT West Load Zone.
August 15, 2012
Champion Energy Services has been named, for the third consecutive year, the highest-ranked retail electric provider for Texas residential service under J.D. Power and Associates' annual customer satisfaction survey.
August 15, 2012
Occidental Power Marketing, L.P. has proposed in comments to the Public Utility Commission of Texas a limited backstop procurement mechanism to assure resource adequacy, that would provide incentives for voluntary forward contracting by load serving entities, and would have minimal impact on the…
August 7, 2012
Broker CenterPoint Energy Services, Inc. has officially launched a mass market-focused electric shopping website for the ERCOT market.
August 6, 2012
Direct Energy has launched a new marketing campaign for its previously launched Power-To-Go prepaid product in ERCOT, stating that adoption of the product could save Texans $1 billion.
July 31, 2012
Estimated net revenues for new combustion turbines and combined cycle units in ERCOT were sufficient to support new entry during 2011, finds the Independent Market Monitor in the annual State of the Market report.
July 30, 2012
The top states for business in the United States -- as judged by numerous publications -- do not rely on a capacity market, or other non-rate-regulated capacity obligations, to assure resource adequacy -- something which Texas should keep in mind given its concern with attracting jobs.
July 30, 2012
Imposing a PJM-style capacity market on ERCOT load (through their retail electric providers or LSE) would have resulted in annual capacity costs to load of $3.6 billion, using 2010 & 2011 capacity prices, Commissioner Kenneth Anderson of the Public Utility Commission of Texas said during a workshop…
