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City-Backed Cost-Saving Reform at ERCOT valued at Billions of Dollars Gains Approval

City-Backed Cost-Saving Reform at ERCOT valued at Billions of Dollars Gains Approval

by OCSC | Jun 26, 2024 | ERCOT

As a result of its more conservative operational practices in the wake of Winter Storm Uri in 2021, ERCOT, beginning last summer, has deployed ECRS in what some experts described as excessive amounts. ________________________________________________ A city-initiated...
Texas Supreme Court Sides with PUC over its Winter Storm Uri Power Pricing Decisions

Texas Supreme Court Sides with PUC over its Winter Storm Uri Power Pricing Decisions

by OCSC | Jun 21, 2024 | ERCOT, Generation

Texas regulators were within their rights to lock the price of electricity at its maximum level during Winter Storm Uri in 2021, according to twin rulings this month by the state’s Supreme Court. ________________________________________________ Texas regulators were...
Energy Fund Completion Bonus Grant Program Rules Set by Texas Public Utility Commission

Energy Fund Completion Bonus Grant Program Rules Set by Texas Public Utility Commission

by OCSC | May 2, 2024 | Blog, ERCOT, Generation

The new rules establish the “Texas Energy Fund Completion Bonus Grant Program” and create guidelines for generation developers seeking grants to construct new dispatchable power facilities or to expand existing ones. ________________________________________________...
ERCOT Changes Forecasting Methodology; Predicts Big Spike in Load Growth by 2030

ERCOT Changes Forecasting Methodology; Predicts Big Spike in Load Growth by 2030

by OCSC | Apr 24, 2024 | Blog, ERCOT

The organization’s CEO said a change in ERCOT’s forecasting methodology — combined with more Permian Basin oil production and an influx of new data centers and Bitcoin operations — had led to higher demand forecasts....
ERCOT Changes Forecasting Methodology; Predicts Big Spike in Load Growth by 2030

Report: Rise of Computer Data Centers Driving Power Demand Inside ERCOT, Nationwide

by R.A. Dyer | Apr 22, 2024 | Blog, ERCOT

Grid operators at ERCOT as well as their counterparts nationwide find themselves rushing to adjust demand forecasts — in significant part because of data center growth. ________________________________________________ Fueled by the rise of artificial intelligence...
City-Backed Cost-Saving Reform at ERCOT valued at Billions of Dollars Gains Approval

Proposed “Performance Credit Mechanism” Market Overhaul Subject of ERCOT Workshop

by R.A. Dyer | Apr 22, 2024 | ERCOT

Known in regulatory parlance as the Performance Credit Mechanism, the regulatory change calls for the creation of new financial instruments known as “Performance Credits” to be traded by market participants. ________________________________________________ A pending...
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