October 2, 2024

ERCOT

The Electric Reliability Council of Texas manages the flow of electric power to about 90 percent of the state’s electric load. The nonprofit independent system operator is governed by a board of directors and is subject to oversight by the Public Utility Commission of Texas and the Texas Legislature.
Texas PUC Approves LP&L Integration Project
The Texas Public Utility Commission approved modifications to proposed transmission lines necessary to integrate Lubbock Power & Light load into ERCOT.
Texas PUC Approves EPE’s $4.3B Sale
The Texas Public Utility Commission approved J.P. Morgan’s $4.3 billion purchase of El Paso Electric after staff proposed ring-fencing measures.
Wind Poised to Overtake Coal in ERCOT Output
ERCOT wind farms produced almost as much energy in 2019 as coal-fired plants, according to the grid operator’s latest demand and energy report.
Texas PUC Waits to Rule on El Paso Electric Purchase
Faced with a deadline to rule on J.P. Morgan’s $4.3 billion purchase of El Paso Electric, the Texas PUC will take the matter up during its next meetings.
ERCOT Market Adjusting to ‘The New Normal’
In 2019, ERCOT withstood extreme heat and loss of wind power during some of the hottest days to meet multiple demand peaks exceeding the previous year.
Parties to EPE Acquisition Reach Settlement Agreement
El Paso Electric and the investment funds seeking to buy the utility have reached a settlement with most of the parties, they told the Texas PUC.
Texas PUC Briefs: Dec. 13, 2019
Texas' PUC denied El Paso’s request for an extension of settlement negotiations, maintaining the agreement deadline in the acquisition of El Paso Electric.
ERCOT Board of Directors Briefs: Dec. 10, 2019
ERCOT’s Board of Directors approved price corrections for 21 operating days, dating back to September, that resulted from a series of software errors.
Garza Steps Down as Head of ERCOT IMM
Beth Garza is stepping down as director of ERCOT’s Independent Market Monitor under pressure from the Texas Public Utility Commission.
ERCOT’s Reserve Margin Climbs to 10.6% in 2020
ERCOT will likely welcome back double-digit reserve margins next year and well into the decade, according to the grid operator’s latest CDR report.

Want more? Advanced Search