PUCT
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Trends
Texas Mandates Cryptomining Registration, Power Demand Reporting, to Bolster Grid Reliability
The Public Utility Commission of Texas (PUCT) has adopted a rule for reliability purposes requiring cryptocurrency mining facilities in the Electric Reliability Council of Texas (ERCOT) region to register with the state and annually report details about their location, ownership, form of business, and demand for electricity. The PUCT’s new rule, adopted on Nov. […]
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Gas
Major Project Rejected in Texas’ Flagship Dispatchable Power Loan Program
The Texas Energy Fund (TEF), a flagship loan program designed to boost the state’s dispatchable generation, faced its first setback on Sept. 4 when the Public Utility Commission of Texas (PUCT) denied Aegle Power’s loan application for a 1,292-MW combined cycle generating facility in Harlingen—its second-largest shortlisted facility. The PUCT said Aegle Power’s application, filed […]
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Energy Security
Texas Moves Forward with $5.38B in Loans for 10 GW of New Dispatchable Power Projects
The Public Utility Commission of Texas (PUCT) has shortlisted 17 gas-fired “dispatchable” generation projects—a combined 9,781 MW—that will advance to receive $5.38 billion in loaned funds under the Texas Energy Fund (TEF) In-ERCOT Loan Program. The 17 proposed new projects in the PUCT’s loan portfolio, chosen from 72 applications, now proceed to a “due diligence” […]
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Energy Security
ERCOT Issues First Level 2 Emergency Alert Since Winter Storm Uri
The Electric Reliability Council of Texas (ERCOT) on Sept. 6 issued an Energy Emergency Alert 2 (EEA 2) after grid conditions quickly deteriorated around sunset (7:30 p.m.) as demand soared and operating power reserves plunged. The grid operator said that the emergency operations were necessary “due to a combination of dropping operating reserves and frequency.” […]
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Markets
Winter Freeze Testing Texas Power Grid Reforms
Parts of Texas have suffered localized, distribution-level power outages as an Arctic outbreak sent temperatures plummeting across the state, but its heavily scrutinized grid is largely prepared to weather the storm, state entities said. Frigid temperatures stemming from a large dome of Arctic high pressure are sending temperatures into the single digits and below zero […]
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News
ERCOT Confident Generators Deficient During Uri Freeze Debacle Ready for Winter
The vast majority of 324 electric generation units and transmission facilities in Texas have fully met or “go beyond” new state winter weatherization requirements, the Electric Reliability Council of Texas (ERCOT) said in a final readiness report filed with the Public Utility Commission of Texas (PUCT) on Jan. 18. Onsite inspections at 302 generation units […]
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News
Exec Calls for Action on New Texas Gas-Fired Plants
The chief executive of a Connecticut-based energy investment firm has called for action on his group’s proposal to build as many as 11 new natural gas-fired power plants in Texas. Himanshu Saxena, CEO of Starwood Energy Group, in a June 14 interview said, “We would like to see significant steps in countering, negotiating and material […]