CPS Energy notified ERCOT it plans to “indefinitely suspend operations” at three aging gas-fired units in 2025, further reducing the Texas grid’s thermal capacity.

ERCOT surprised market participants with an announcement that it plans to increase operating reserves by requesting an additional 3,000 MW of capacity to shore up the grid for the upcoming winter.

The Texas Supreme Court heard oral arguments in a pair of lawsuits that could determine whether ERCOT has a right to sovereign immunity from lawsuits.