by OCSC | Feb 28, 2020 | Blog, Generation
_______ During 2019, revenues exceeded the organization’s budget by 13.3%, equating to a net positive budget variance of $35.4 million _____________ At its February meeting, ERCOT’s Board of Directors received a budget report from the organization’s CEO. ERCOT...
by OCSC | Feb 27, 2020 | Blog, Generation
_______ A recent study has found that combining hydro-power with mountain storage could represent a realistic option for areas with high electricity costs. _____________ In Greek mythology, the story of Sisyphus is one of pointless labor. Sisyphus — so the story goes...
by OCSC | Feb 10, 2020 | Blog, Generation
____________ “These projects are sufficient to meet the current load forecast through 2024, but if the load grows faster than currently forecast, there may be challenges to serve the load at that time.” — Chad Seely, ERCOT General Counsel. ________________...
by OCSC | Dec 6, 2019 | Blog, Generation
________________ “We anticipate there will continue to be sufficient generation to meet Texas’ growing power needs.” — ERCOT President and CEO Bill Magness ___________________ ERCOT’s planning reserve margin for the upcoming summer season — that is,...
by OCSC | Nov 7, 2019 | Blog, Generation
________________ “We studied a range of potential risks and believe there will be sufficient operating reserves.” — Manager of Resource Adequacy Pete Warnken. ________________ Enough power to keep the lights on — according to operators of the...
by OCSC | Oct 23, 2019 | Blog, Generation
The new system should make the wholesale power market more efficient, and indirectly benefit the retail market and home consumers. ________________ By Chris Brewster ________________ AUSTIN — In recent months, ERCOT stakeholders and staff have continued working...
