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ERCOT Posts Draft of Process For Estimating Economically Optimum & Market Equilibrium Reserve Margin
ERCOT has posted to its Resource Adequacy Webpage for a 30-day public review and comment period the initial public draft of the document titled Study ...
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Calpine/NRG Present Paper on Price Formation "Improvements" In ERCOT (Elimination of 4CP)
Calpine and NRG Energy have filed with the Texas PUC a paper by William W. Hogan, Harvard University and Susan L. Pope, FTI Consulting, which argues t...
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Calpine CEO Calls ERCOT Market An, "Inherently Poor Regulatory Design"
Discussing Calpine's announcement that it cancelled an agreement with Guadalupe Valley Electric Cooperative (GVEC) related to the construction of ...
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Calpine CEO (Again) Claims Up To 30% of ERCOT Generation Losing Money
In an oft-repeated refrain during earnings calls, Calpine CEO Thad Hill said Friday, "We believe up to 30% of the assets in Texas [ERCOT] are los...
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FERC’s Bay: Energy-Only Market Is Most Market-Oriented Solution, With Greatest Efficiency
An energy-only market is the most market-oriented and perhaps most efficient approach to resource adequacy issues, outgoing FERC Commissioner Norman B...
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ERCOT Proposes Process To Conduct New Economically Optimal Reserve Margin Studies
ERCOT has submitted a letter to the Texas PUC in response to a request made during the Open Meeting on September 22, 2016, for input on providing an a...
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NRG Cites Wildly Missed Forecast In Brattle Report; Says Texas PUC Should Receive "Refresh" Anyway
In comments in a proceeding reviewing the appropriate level for establishing the reliability standard in ERCOT, NRG Energy, Inc. cited actual experien...
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Academics Press For ERCOT Pricing "Reforms" (Administrative Price Increases, Capacity Market?)
Stop us if you've heard this before. Dr. David Cherney, Ethan Paterno and Ryan Hardy have authored an op-ed published by the McAllen Monitor claimin...
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Briefly: Texas Assigns Docket Number For RMR Rulemaking
The Texas PUC has assigned Project 46369 for a Rulemaking Relating To Reliability Must-Run Service See background on the PUCT's intent to open such a...
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Texas PUC Staff File Report on ERCOT Reliability Standard Calculation Mechanism
Staff of the Public Utility Commission of Texas have filed a new update concerning the review of the applicability of the 0.1 LOLE reliability standar...
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Chron: Texas Generators’ Pleas For PUC-Set Higher Prices Is "Tacit Admission" Deregulation A Failure
The Houston Chronicle has published an editorial blasting Texas generators for seeking government interference in the market to result in higher price...
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Chron Says Texas REPs "Under Investigation", In Story On Generators’ Push for More Admin. Pricing
In a story examining Texas generators' push for what is essentially greater administrative scarcity pricing in ERCOT, the Houston Chronicle wrote,...
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Calpine CEO Claims 30% of ERCOT Generation Losing Money Or Breakeven
During an earnings call Friday, as Calpine discussed its decision to retire its Clear Lake Power Plant in Texas, CEO Thad Hill made the following clai...
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TX PUC Staff Intend to Address Reliability Standard At Open Meeting On/After Sept. 22, Seek Comment
Staff of the Public Utility Commission of Texas have invited stakeholders to file supplemental comments concerning Project No. 42302, Review of the Re...
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Texas PUC Staff Outline Potential Next Steps On Review of Operating Reserves Demand Curve (ORDC)
Staff of the Public Utility Commission of Texas have filed a memo outlining potential next steps in the Commission's review of the Operating Reserves ...
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