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

PUC Continues Development of $10 billion Texas Energy Fund, Selects Project Overseer

by OCSC | Mar 19, 2024 | Generation

Deloitte will build and administer the systems that support the TEF’s loan and grant programs and backup power packages, according to the PUC. ________________________________________________ A global consulting firm has begun developing the state’s new $10 billion...
ERCOT Reports Show Relatively Safe Energy Reserves in Short and Mid Term

ERCOT Reports Show Relatively Safe Energy Reserves in Short and Mid Term

by OCSC | May 24, 2022 | Blog, ERCOT, Generation

Read together, the twin reports provide a relatively upbeat picture of expected operating reserves. ________________________________________________ Texas should enjoy relatively healthy energy reserves in the short and medium term, according to two new reports from...
BLOG: Grid Operator Projects Healthy Electricity Reserves for Spring Season

BLOG: Grid Operator Projects Healthy Electricity Reserves for Spring Season

by OCSC | Mar 21, 2022 | Blog, ERCOT, Generation

ERCOT’s projections, included in its most recent Seasonal Assessment of Resource Adequacy Report, cover the months of March, April and May and apply to normal operating conditions and various risk scenarios. ________________________________________________...
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