Texas Committee Reports Favorably Substitute Requiring Study Of Impact Of Renewable Subsidies
April 10,2019
A Texas Senate committee has reported favorably a substitute for SB 2232
The substitute provides that the PUC shall require the ERCOT independent
system operator to identify and study the ongoing effects that
federal renewable energy subsidies have on the pricing,
reliability, and efficiency of the electric power market in the
ERCOT power region.
The scope of the study must include
peak price formation, negative pricing, ancillary services,
congestion, reserve margins, and transmission costs.