Peter Lake said Friday he is stepping down as Texas PUC chair, an apparent result of lawmakers' pushback against his proposed market design.

ERCOT and the Texas PUC say there is not enough dispatchable generation to meet peak demand this summer, forcing the grid to rely on renewables.

Texas regulators narrowed their focus to the performance credit mechanism but disappointed some by not voting to recommend the market mechanism to lawmakers.

Texas lawmakers once again grilled the PUC and ERCOT over the commission's proposed market redesign.

Texas lawmakers and ERCOT stakeholders did not hold back as they took their first shots at state regulators' proposed redesign of the market.

Texas regulators are pushing a performance credit mechanism that requires load-serving entities to buy performance-based credits from generation resources.

Texas grid leaders met with reporters to once again allay concerns about ERCOT’s management of the state’s electric supply.

The Texas PUC selected consulting firm E3 to help it review and analyze new designs for ERCOT’s wholesale market structure.

ERCOT’s conservative use of reliability unit commitments to procure standby reserves since last year’s winter storm is under question.

Texas PUC Chair Peter Lake addressed the “ambiguity” over the second round of changes at ERCOT addressing shortfalls in the grid’s performance.