Public Utility Commission of Texas (PUCT)
ERCOT told Texas regulators its initial reliability study of the Permian Basin indicates “substantial amounts” of transmission projects will be needed to meet its projected load by 2038.
Texas regulators have adopted a new rule establishing the Texas Energy Fund In-ERCOT Generation Loan Program, a $5 billion fund designed to bring new dispatchable power projects to the state.
Jeff McDonald, a 22-year market monitoring veteran with ISO-NE and CAISO, has been hired as director of ERCOT’s Independent Market Monitor.
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.
ERCOT stakeholders agreed with the ISO's staff position to continue tabling a rule change that would address reliability concerns with inverter-based resources while both sides work on settlement discussions.
Texas regulators have marked the closure of the first phase of their blueprint for reliability reforms to the ERCOT grid, cautioning that it’s only a first step.
The Texas Supreme Court heard oral arguments over whether the Public Utility Commission had the authority to order electric prices be set at $9,000/MWh during the 2021 winter storm.
Texas regulators have remanded back to ERCOT a controversial protocol change attempting to regulate energy storage resources, but not before stripping out language related to state of charge and enforcement processes.
Texas Gov. Greg Abbott has appointed Thomas Gleeson, the Public Utility Commission’s executive director and a 15-year staffer, to chair the PUC.
ERCOT is focused on dispatchable resources to meet the ever-increasing demand for energy in Texas.
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