ERCOT stakeholders and staff discussed alternatives to market price investigation announcements, following a market notice during the recent heatwave.

AEP stock ended the week at $71.14/share, up $1.76, after it announced the cancellation of its Wind Catcher Energy Connection project.

AEP cancelled its proposed $4.5 billion Wind Catcher Energy Connection project one day after its rejection by the Texas Public Utility Commission (PUCT).

A high-pressure system that has swamped much of Texas with triple-digit temperatures has led to all-time systemwide peak records in ERCOT.

ERCOT set new all-time systemwide peak demand records July 18, reaching 72.2 GW between 4 and 5 p.m.

The PUC of Texas (PUCT) expressed concerns over whether AEP will protect ratepayers from the risks of its Wind Catcher Energy Connection project.

ERCOT is leaving significant amounts of money on the table by not using real-time co-optimization of energy and ancillary services in its market operations.

Tom Foreman, executive director of the Gulf Coast Power Association, announced his retirement from the organization, effective in December.

The ERCOT system set a new record for June peak demand last week, reaching 69 GW on June 27.

The Public Utility Commission of Texas (PUCT) set a hearing for Oct. 16-17 on Rayburn Country Electric Cooperative’s proposed transfer from SPP to ERCOT.