Electric Reliability Council of Texas (ERCOT)
The Texas Public Utility Commission’s rookie electric utility regulators last week stood in front of the proverbial fire hose, wielded by ERCOT staff, market participants and the grid’s Independent Market Monitor, as they try to get a grip on how best to respond to February’s disastrous winter storm. In what the PUC billed as the …
Continue reading "PUC Debates Answers to ERCOT’s Reliability Issues"
ERCOT stakeholders approved a binding document revision that codifies the grid operator’s plans to deploy more operating reserves to ensure summer readiness.
The Texas PUC has ordered ERCOT to waive its protocols and disclose generator-outage data three days after an outage, rather than the standard 60 days.
According to a report from the External Market Monitor, energy prices and uplift costs in ISO-NE are higher compared to other RTO markets.
ERCOT stakeholders have endorsed the first system changes addressing system changes stemming from the winter weather that almost shut down the Texas grid.
Texans responding to ERCOT's call for conservation helped the embattled grid operator survive another week of tight conditions.
Matthew T Rader, CC BY-SA 4.0, via Wikimedia Commons
ERCOT insiders at ACORE's Finance Forum spoke candidly on the causes and lessons learned from Texas' February outages.
ERCOT asked for conservation measures through Friday as summer heat and 12.2 GW of forced outages erased whatever slim reserve margin it had.
February’s winter storm, which threw Texas and much of the Midwest into a deep freeze, remains a hot topic as seen at recent industry conferences.
Interim ERCOT CEO Brad Jones has a 100-day strategic plan to restore confidence in the grid operator’s ability to operate reliably after February's storm.
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