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March 12, 2021
In response to further calls from Lt. Gov. Dan Patrick that the Texas PUC should re-price the ERCOT market due to what Patrick says are "errors" in the pricing during the winter weather event, Texas Governor Greg Abbott said that the PUC is not able to provide Patrick's sought relief.
March 12, 2021
CPS Energy announced that it filed suit against the Electric Reliability Council of Texas (ERCOT) in Bexar County District Court in what CPS described as a move, "to protect its customers from excessive, illegitimate and illegal prices."
March 12, 2021
Slate Of Bills Includes Ban On Real-time Wholesale Pass-Through Retail Electric Products
March 12, 2021
The Texas PUC adopted an order which directs ERCOT to extend certain deadlines in, and grants an exception to, relevant sections of the ERCOT Nodal Protocols to grant more time for market participants to file a dispute of invoice and settlement statements
March 11, 2021
IMM Revises Amount Of Alleged "Error" To Be $5.1 Billion (Takes Into Account Netting, Day-Ahead Positions)
March 11, 2021
During a hearing of the Texas Committee on Jurisprudence, Texas PUC Chairman Arthur C. D'Andrea agreed that the ERCOT weather event was an, "unusual circumstance," but maintained that continued pricing at the $9,000 cap after residential load shed ended was not a "mistake", and that a cited section…
March 10, 2021
Staff of the Texas PUC in a memo to the Commission identified eight "key focus areas" as a "road map" for Commission work in response to the February 2021 Winter Weather Event
March 10, 2021
Tenaska Energy, Inc. filed comments at the Texas PUC and to Chairman Arthur D'Andrea suggesting measures that the PUC could undertake to reduce certain risks associated with re-pricing, as Tenaska stated that, "We understand that repricing consistent with the Independent Market Monitor's…
March 10, 2021
Texpo Power LP d/b/a Texpo Energy filed further comments at the Texas PUC concerning ERCOT invoices resulting from the recent weather event, drawing attention to, in particular, concerns about Unaccounted for Energy (UFE) calculations by ERCOT
March 10, 2021
28 State Senators Ask PUC To Correct Prices
Texas Governor Greg Abbott declared the, "correction of any billing errors related to the Electric Reliability Council of Texas (ERCOT)," as an emergency item for the 87th Legislative Session.
March 9, 2021
New Retail Electric Provider Listed In Latest ERCOT Short-Pay Notice
Alliance Power Company said that it has paid the invoices
March 8, 2021
ERCOT said that the following short-paying Invoice Recipients have, to date, paid amounts owed: City of Garland GridPlus Texas Inc. Heritage Power LLC Volt Electricity Provider LP Wolverine Trading LLC
March 8, 2021
Texas Attorney General Ken Paxton issued a Civil Investigative Demand (CID) to Intercontinental Exchange Holdings, Inc. which the AG's office said is, "a natural gas exchange that saw massive price increases during the February winter storm that swept through Texas."
March 8, 2021
Texas Lt. Gov. Dan Patrick on March 8 called on the Texas PUC and the Electric Reliability Council of Texas (ERCOT), "to correct the emergency pricing error that continued after the power shortage had ended and the major threat to the Texas grid had passed."
March 8, 2021
Speaker of the Texas House of Representatives Dade Phelan has announced seven priority bills meant to address electricity industry reform, as part of a "first phase" of addressing the recent winter weather event
March 5, 2021
ERCOT issued a short payment notice related to Settlement Invoices due for payout on March 5, 2021
March 5, 2021
The Texas PUC today decided not to re-price ERCOT energy market prices from the recent weather event, but did not act on petitions to re-price ancillary services (AS), and will further consider the AS issues
March 5, 2021
During today's open meeting, the Texas PUC said that it is working on the issue of extending the settlement invoice dispute timelines at ERCOT, though no formal action was taken at the meeting
March 4, 2021
Bulb Protects Customers From Price Shocks and Petitions for a Better Energy System for Texans
March 4, 2021
ERCOT issued a market notice stating that, "Qualified Scheduling Entities (QSEs) and Congestion Revenue Right Account Holders (CRRAHs) that are owed monies from ERCOT on Settlement Invoices due for payout on March 4, 2021, will notice that the amount of funds transferred is short of the balance…
March 4, 2021
IMM Says, "ERCOT Exceeded The Mandate," Of The PUC By Continuing Price Adder After Load Shed Ended
Vistra Opposes Rule Change To Cap Future Ancillary Services At $9,000/MW/h; Says Any Adjustment To Prior Prices Should Examine Energy, AS Prices Holistically
March 4, 2021
ERCOT has publicly identified those generators that experienced an outage or a reduction in available power during the ERCOT grid emergency
March 3, 2021
Volt Electricity Provider provided the following statement to EnergyChoiceMatters.com:
March 3, 2021
Just Energy Group Inc. announced today that, "it has filed a petition with the Public Utility Commission (the 'Commission') requesting an order that the Electric Reliability Council of Texas ('ERCOT') deviate from the deadlines and timing in its Protocols and Market Guides related to settlements…
March 3, 2021
ERCOT issued a market notice detailing $147,000 in short payments for Settlement Invoices due for payout on March 3, 2021
