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.
Xcel Talks Tx Build After Earnings Come up Short
Xcel Energy reported earnings of $527 million ($1.01/share) for the quarter, up from $491 million the same period a year ago ($0.96/share).
GCPA Speakers Weigh Texas Market’s Pros, Cons
The landmark law that deregulated ERCOT’s market and paved the way for electric competition provided the theme for this year’s GCPA fall conference.
NextEra Beats Expectations with $1.16B Quarter
NextEra Energy touted “one of the best renewable development periods” in its history and reported third-quarter earnings that beat analysts’ expectations.
Stakeholder Soapbox – ERCOT ’19: Proof of Successful Design?
Rob Gramlich of Grid Strategies examines how ERCOT's market performed this summer, finding it provided price signals to attract and retain resources.
Magness, Walker to Explain ERCOT Reliability to NERC
ERCOT CEO Bill Magness and Texas PUC Chair DeAnn Walker will attend NERC’s Board of Trustees meeting to discuss the grid operator’s slender reserve margins.
ERCOT Board of Directors Briefs: Oct. 8, 2019
ERCOT CEO Bill Magness briefed the Board of Directors on an upcoming trip to NERC and the work of the Battery Energy Storage Task Force.
Texas PUC Briefs: Sept. 26, 2019
Texas regulators formally approved one of two transmission projects necessary to integrate much of the city of Lubbock’s load into ERCOT.
ERCOT Technical Advisory Comm. Briefs: Sept. 25, 2019
ERCOT stakeholders approved the creation of a battery energy storage task force as the grid operator steps up its efforts to accommodate the resource type.
FERC’s Glick Navigates Political Dynamic
FERC Commissioner Richard Glick gave a keynote speech at the Annual Gas and Power Institute in Houston, where he discussed the tension at the commission.
RTOs Gather to Discuss Real-time Co-optimization
ERCOT staffers and stakeholders gathered to hear advice from the RTOs that have already implemented real-time co-optimization in their markets.

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