June 14, 2023
ERCOT Receives Notification of Suspension of Operations
On June 14, 2023, ERCOT received a Notification of Suspension of Operations (NSO) for the following Generation Resource: Signal Hill Generating LLC (WFCOGEN_UNIT4)
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June 14, 2023
Procurement Manager Seeks Changes To Default Service Products
Connecticut's default service procurement manager has asked PURA for approval of a change in the procurement process for the July and October 2023 "Standard Service" electricity supply procurements
June 5, 2023
Texas Appeals Court Reverses PUC Approval Of NPRR Setting ERCOT Price At Cap During EEA3
The Texas Court Of Appeals, Third District has on appeal reversed the Texas PUC's approval of NPRR 1081, which generally sets the ERCOT energy price at the cap during load shed which occurs during EEA3, as the Court remanded the case to the PUC
May 26, 2023
Mothballed ERCOT Unit Returning To Year-Round Service
On May 25, 2023 ERCOT received a Notification of Change of Generation Resource Designation (NCGRD) for the following Generation Resource: Petra Nova Power I LLC – PNPI_GT2
May 26, 2023
ERCOT Receives Notification of Suspension of Operations
On May 26, 2023, ERCOT received a Notification of Suspension of Operations (NSO) for the following Generation Resources: Deer Park Refining Limited Partnership - SL_SL_G1, SL_SL_G2, SL_SL_G3, SL_SL_G4
May 15, 2023
Power Marketer, Developer Sign Power Purchase Agreements For "Largest Wind Project in U.S. History"
Pattern Energy Group LP (Pattern Energy) announced it has signed long-term Power Purchase Agreements (PPAs) with Shell Energy North America (US), L.P. (Shell Energy) and the Regents of the University of California, for a portion of the power from its 3,500+ MW SunZia Wind project.
May 12, 2023
Seasonal Mothball Unit in ERCOT Returning To Service Earlier Than Indicated
ERCOT has received a Notification of Change of Generation Resource Designation (NCGRD) for the following Generation Resource: GEUS (STEAM1A_STEAM_1)
May 10, 2023
Retail Supplier Selected As Power Marketer For "World’s First Fusion Energy Purchase Agreement"
Helion Energy (Helion) today announced an agreement to provide Microsoft with electricity, "from its first fusion power plant."
May 8, 2023
ERCOT Receives Notification of Suspension of Operations
ERCOT has received three (3) Notification of Suspension of Operations for the following Generation Resources, owned by Lubbock Power and Light: BRANDON_UNIT1, MASSENGL_G6, MASSENGL_G7, MASSENGL_G8, TY_COOKE_GT2, TY_COOKE_GT3
April 5, 2023
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
March 24, 2023
ERCOT Receives Notification of Change of Generation Resource Designation
ERCOT said in a market notice that, on March 24, 2023, ERCOT received a NCGRD for the following Generation Resource: CPS Energy (CALAVERS_JTD1, CAVALERS_JTD2)
March 20, 2023
International Energy Trader Registers As Texas Power Marketer
MFT Energy US 1 LLC has registered as a Texas wholesale power marketer
March 17, 2023
Texas Court Reverses PUC's Winter Storm Uri $9,000 Pricing Orders
With Broader Implications, Court Says PUC's Actions To Achieve §39.151 Statutory Reliability Directive Must Be Subject To Prevailing Statute Which Requires That "Competitive Rather Than Regulatory Methods" Are Preferred "To The Greatest Extent Feasible" And With "The Least Impact On Competition"
March 15, 2023
Update: Texas PUC Staff Partial Termination Of Generator's Voluntary Mitigation Plan Relates To Ancillary Services Bidding
Staff of the Texas PUC filed a petition to ratify a partial termination of the Amended Voluntary Mitigation Plan (VMP) for the NRG Energy Companies, with the partial termination relating to ancillary services bidding
March 13, 2023
Texas PUC Staff Set To Terminate, In Part, Generator's Voluntary Mitigation Plan, Amend Two Others
The Texas PUC has assigned docket numbers for applications to terminate, in part, or amend the voluntary mitigation plans of three generators
March 9, 2023
ERCOT Says RTM, DAM Prices Under Investigation For Potential Correction Due To MMS Error
ERCOT issued a market notice stating that real-time and day-ahead prices, dating back to approximately February 8, 2023 (specific date market-dependent as noted below), "are under investigation for potential correction due to an error identified in ERCOT's Market Management System (MMS) impacting…
February 21, 2023
Parent Of Retail Supplier Announces Investment For Uprates At Two Nuclear Plants
Constellation said today that it will invest $800 million in new equipment to increase the output of its Braidwood and Byron nuclear generating stations in Illinois by approximately 135 megawatts,
February 17, 2023
Hedge Fund, European Trader Registers As Texas Power Marketer
Second Foundation US Trading, LLC registered as an ERCOT wholesale power marketer
February 15, 2023
Texas PUC Commissioner Seeks Study On VOLL, Also Says PUC Must Consider Deliverability And Regionality
Texas PUC Commissioner Will McAdams filed a memo concerning consideration of establishing a reliability standard for ERCOT, and, among other things, said that a study should be conducted concerning Value of Lost Load (VOLL)
February 8, 2023
New Texas Peaker Begins Commercial Operations, Reports Offtake Agreement (Identifies Marketer)
WattBridge Energy, LLC announced today commissioning of the Mark One Generating Station in Brazoria County, Texas.
January 10, 2023
Texas Gov. Says PUC Must Give Performance Credit Mechanism "Strong Consideration", Says PUC Should Also Adopt "Bridge" Solution
Texas Gov. Greg Abbott submitted a letter to the Texas PUC concerning ERCOT market design urging "strong consideration" of the Performance Credit Mechanism, while also favoring a "bridge" solution
January 4, 2023
Regulator Opens New Review of Default Service Procurement & Pricing, Issues Straw Proposal
The Massachusetts DPU has opened a new investigation into the procurement and pricing of electricity basic service (default service), and set forth a straw proposal, "for ways in which the Department could consider modifying its existing basic service procurement and pricing policies to better serve…
December 13, 2022
Retail Supplier Announces Preferred Wholesale Supplier Agreement, Follows Recent Acquisition Close
Energywell, LLC ("Energywell") formally announced the previously reported completion of its acquisition of ENGIE Retail, LLC d/b/a Think Energy ("Think Energy"), plus the signing of a Preferred Supplier Agreement with ENGIE Energy Marketing North America, Inc. ("ENGIE Energy Marketing").
November 15, 2022
ERCOT Power Trader Seeks PUC Rulemaking To Amend IMM's Authority, Include Review Of Secondary Market Impacts
Cites Alleged Non-competitive Behavior
Aspire Power Ventures, LP petitioned the Texas PUC for a rulemaking to amend and clarify 16 Tex. Admin. Code (TAC) § 25.365 related to the role, duty, and authority of the Independent Market Monitor (IMM) for ERCOT.
October 26, 2022
Change In Start Date For ERCOT Units Changing To Seasonal Status
ERCOT issued a Notification of Change of Generation Resource Designation (NCGRD) for the units: City of Garland (SPNCER_SPNCE_4) and (SPNCER_SPNCE_5)