ERCOT’s Board of Directors has passed one contentious protocol change and tabled another that have divided stakeholders and staff and led the IMM to argue against the heavy use of ECRS.

Paul Foster, who chaired ERCOT’s first Board of Directors under new rules established in the aftermath of 2021’s disastrous winter storm, announced he is stepping down.

The Texas Supreme Court ruled ERCOT and the Public Utility Commission were within the law when they raised wholesale prices to more than 300 times above normal during Winter Storm Uri.

Several renewable energy developers oppose ERCOT stakeholders’ approval of a controversial rule change that would impose voltage ride-through requirements on IBRs.  

ERCOT stakeholders and staff came to an agreement on a rule change that imposes voltage ride-through requirements on IBRs.

Vistra says it plans to add nearly 2 GW of gas-fired capacity to the ERCOT grid over the next year and seek loans through the Texas Energy Fund.

ERCOT hired Keith Collins, who directs SPP’s Market Monitoring Unit, as its new vice president of market operations to replace Kenan Ögelman.

ERCOT’s latest capacity, demand and reserves report projects summer peak demand will increase to more than 97 GW by 2034.

This summer should bring high temperatures and electricity demand but flat power prices as cheaper fuel offsets heavy load, according to a FERC assessment.