The Texas PUC has approved a previously reported Voluntary Mitigation Plan (VMP) entered into between Luminant Energy Company LLC and PUC Staff which, pursuant to PURA § 15.023(f) and 16 Tex. Admin. Code § 25.504(e), specifies offering practices that Luminant can use when offering its generation resources into the Electric Reliability Council of Texas real-time energy market during the term of the agreement, and specifies that those offering practices will not be considered an abuse of market power.

Under the agreement, adherence to this VMP, while it remains effective, shall provide Luminant with an absolute defense against allegations of abuse of market power through economic withholding with respect to the specific behaviors addressed by the VMP

The VMP addresses Luminant's offer strategy for six different technology types: nuclear, solid-fuel (coal and lignite), non-quick start natural gas, quick start natural gas, intermittent renewable resources (wind and solar), and batteries. With respect to nuclear, coal, and natural gas fired units, the VMP will only apply to units in Luminant's fleet at the time of approval of the VMP.

See more details on the VMP and the offering parameters contained therein in this prior story

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