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...
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. ________________________________________________...
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....
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...
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...
The survey, developed by the Lawrence Berkeley National Laboratory, has been deployed by utilities and electricity regulators in other jurisdictions to assist in the creation of grid reliability policies and to evaluate the cost-effectiveness of grid infrastructure...
