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Texas PUC Details Process To Consider Potential ERCOT Market Changes: Co-optimization, Marginal Losses

Chair Will Seek Info On Implementation Costs To Market Participants (System Change Costs) Chair Expects Legislature To Have "Broad Look" At Market During 2019 Session

During yesterday's Texas PUC open meeting, Commissioners discussed a process to further consider two potential changes to the ERCOT market -- Real-Time Co-optimization (RTC) of Energy and Ancillary Services (AS), and use of marginal losses.

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Retail Supplier Enters New Supply, Credit Agreement

On May 1, 2018, Summer Energy Holdings, Inc. ("SEH"), and its subsidiaries Summer Energy, LLC ("Summer LLC") and Summer Energy Northeast, LLC ("Summer Northeast"; together with SEH and Summer LLC, the "Company") closed a transaction with EDF Energy Services, LLC and EDF Trading North America, LLC…

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FERC Approves $8 Million Settlement With Power Marketer

FERC has approved a Stipulation and Consent Agreement (Agreement) between its Office of Enforcement (Enforcement) and PSEG Energy Resources & Trade, LLC (PSEG ERT) to resolve an investigation into whether PSEG ERT violated sections 1.2 and 6.4.2(a)(ii) of Schedule 1 of the PJM Operating Agreement…

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FERC Withdraws Proposal That RTOs Allocate Real-Time Uplift Only To "Expected" Cost Causers

FERC Drops Proposal That Costs Be Allocated To Entities Which Deviate From Their Day-Ahead Market Schedules

As part of a final rule on price formation issues, FERC withdrew its proposal that would have required that each RTO/ISO that currently allocates the costs of real-time uplift to deviations should allocate such real-time uplift costs only to those market participants whose transactions are…

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FERC Approves $1.9 Million Settlement With Power Trader

FERC has approved a Stipulation and Consent Agreement (Agreement) between the Office of Enforcement (Enforcement) and ETRACOM LLC and Michael Rosenberg (together, Respondents), which FERC said, "resolves on fair and equitable terms: (a) the Commission’s claims against Respondents for violations of…

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Mothballed ERCOT Unit Returning To Service

ERCOT in a market notice reported that on March 30, 2018, ERCOT received a Notification of Change of Generation Resource Designation (NCGRD) for the following Generation Resource: Barney M Davis Unit 1 – B_DAVIS_B_DAVIG1

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