ERCOT

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), […]

It’s an article of faith in large parts of the U.S.—at least among power industry people—that organized and Federal Energy Regulatory Commission (FERC)–regulated “merchant” interstate power markets are the best way to ensure a sufficient supply of electricity, as well as to ensure fair and equitable prices for ratepayers. On that basis, large areas of […]

It’s peak season for the U.S. power industry. While actual dates may vary from one utility to another, generally the summer peak period spans from Memorial Day (May 25 this year) to Labor Day (Sept. 7)

Despite uncertainties posed by the COVID-19 pandemic, the Electric Reliability Council of Texas (ERCOT) again expects to shatter its peak demand record this summer. Factoring in changes to its generation profile, extreme weather, and low wind output, the grid operator expects energy alerts are still possible.  ERCOT’s forward-looking projections for capacity, demand, and reserves are murkier, […]

Despite adding 513 MW of new capacity this year alone, the Electric Reliability Council of Texas (ERCOT) expects tight grid conditions this summer, and it warned it could declare an energy emergency depending on a combination of factors. Citing its newly released preliminary Seasonal Assessment of Resource Adequacy (SARA) assessment for the summer season (June–September), […]