performance credit mechanism (PCM)
The Texas Public Utility Commission's staff has recommended not moving forward with the proposed performance credit mechanism market design for ERCOT as it is currently designed.
Thomas Gleeson, chair of Texas’ Public Utility Commission, spoke at the Texas Clean Energy summit about the challenges he has faced during his tenure.
Texas’ regulatory commission has adopted a reliability standard for the ERCOT region, one of several policy parameters that will be used in upcoming analyses for the proposed performance credit mechanism market design.
Texas regulators pumped the brakes on the proposed performance credit mechanism’s development, making it clear that they and stakeholders will be involved in the market tool’s design.
Infocast's annual ERCOT Market Summit fell during the third anniversary of the devastating February 2021 winter storm, giving speakers plenty of fodder for discussion.
The Texas PUC rejected ERCOT’s proposed budget and administration fee increase, agreeing instead to more incremental growth in its revenues.
The Infocast Texas Clean Energy Summit attracted several hundred developers, asset owners, financiers, investors and ERCOT stakeholders to discuss the booming opportunities and looming challenges in today’s renewables environment.
During its first open meeting since the recently concluded legislative session, the Public Utility Commission of Texas discussed its next steps in changing the ERCOT market.
With the 88th Texas Legislature’s regular session now over, the general consensus is that the clean energy industry fared better than recent gloomy predictions.
The Texas Legislature is working to pass bills to facilitate fossil fuel energy generation but limit renewable energy generation.
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