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Resource Adequacy

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ERCOT Files Timelines Concerning PCM Development Milestones

ERCOT filed with the Texas PUC overviews detailing the following market enhancement initiatives: establishment of the Dispatchable Reliability Reserve Service (DRRS), development of the Performance Credit Mechanism (PCM), implementation of a multi-step floor to the Operating Reserve Demand Curve…

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Texas Senate Passes SB2012

The Texas Senate passed an amended version of SB 2012, which includes guardrails on any PCM implementation, including certain protections against gentailers, and which no longer includes a REP market share cap

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