ERCOT

The group considered Texas’ oldest and largest electricity cooperative has filed for Chapter 11 bankruptcy protection, saying it can’t pay money wanted by the state’s grid operator in connection with power outages during a major winter storm that hit in February. Brazos Electric Power Cooperative filed its bankruptcy petition March 1 in the U.S. Bankruptcy […]

Five board members of the Electric Reliability Council of Texas (ERCOT), the state’s power grid operator, on Feb. 23 announced they would resign their posts, just days after extreme winter weather left more than 4 million Texas electricity customers without power for several days. Sally Talberg, chairwoman of ERCOT, is among those resigning. All those […]

The fallout from the severe weather that crippled the power grid in Texas and other states over the past week continues, as officials grapple with what went wrong and who should be held accountable for an energy emergency that left millions without electricity. Texas Attorney General Ken Paxton on Feb. 19 said his office would […]

It will be some time before we know every detail that aligned to cause the tremendous number of sustained power outages in Texas, or the spiking power prices across all markets in the central states. Some things we do know. Some natural gas supply was frozen in. Some wind turbines froze up, and ice damaged some […]

After three harrowing days during which the Texas grid veered precipitously toward system collapse, the Electric Reliability Council of Texas (ERCOT) has begun directing transmission operators to cease rotating blackouts.  The grid recorded a gradual increase of restored generation capacity through Feb. 17 and overnight on Feb. 18. Early on Thursday, a little more than […]

Texas Gov. Greg Abbott has said reforming the Electric Reliability Council of Texas (ERCOT) is an emergency item for state legislators in the current session, as power outages continue across the state for another day due to record cold temperatures as part of a massive winter storm. The governor on Feb. 16 said he wants […]

Historically frigid temperatures across Texas forced 34 GW of generation—across all fuel types—off the Electric Reliability Council of Texas (ERCOT) system, prompting the grid operator to initiate rotating outages starting at 1:25 a.m. CST on Feb. 15. ERCOT said it expects outages will likely last at least through Feb. 16. This article has been updated […]

A quest for reliability and flexibility is driving significant interest in hybrid and co-located resources, but their widespread integration could hinge on how they are defined and valued in wholesale

The Texas power market made headlines in August 2019 when wholesale prices for electricity repeatedly spiked close to and even hit the $9,000-per-megawatt-hour (MWh) cap. This August, average hourly prices peaked at “just” $1,700 per MWh, the afternoon of Aug. 15. There were many reasons for the reduced price volatility in Texas this year. First, […]

A new report from two groups that study energy policy supports the establishment of a fully competitive regional electricity market in the U.S. Southeast, something already being discussed by at least two of the region’s largest utilities. The analysis published August 25 from San Francisco, California-based Energy Innovation, and Boulder, Colorado-based Vibrant Clean Energy (VCE), […]