Electric Reliability Council of Texas (ERCOT)
The Texas PUC rejected ERCOT’s proposed budget and administration fee increase, agreeing instead to more incremental growth in its revenues.
Texas voters are voting on a constitutional amendment that would create a nearly $10 billion state fund for dispatchable energy that opponents say amounts to a handout for the gas industry.
The New Orleans-based utility said the summer’s record-setting temperatures led to ”very strong” third-quarter results, providing an opportunity for the company to flex its investment plans.
ERCOT stakeholders and staff tabled a protocol revision request implementing a new ancillary service that faces a tight statutory timeline.
Xcel Energy says its “significant progress” on what it calls “industry-leading clean energy transition plans" will required $34-44 billion in investments through 2028.
Solicitor General Elizabeth Prelogar urged the Supreme Court to dismiss a petition to review a 2022 appeals court ruling that found Texas’ ROFR law violates the Constitution’s dormant Commerce Clause.
CenterPoint Energy CFO Jason Wells, named to replace the retiring David Lesar as CEO in January, will "hit the ground running" in 2024.
ERCOT's Independent Market Monitor is defending its recent report that the grid operator’s newest ancillary service “likely” raised the real-time market’s energy value by at least $8 billion.
A potential name change for ERCOT's Independent Market Monitor has heightened some concerns that Texas regulators are attempting to restrict the IMM's independence.
ERCOT said it did not experience grid reliability issues with the loss of solar generation during Saturday’s annular solar eclipse, in what some saw as a performance check before next year’s total eclipse.
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