Texas PUC Pushes 44% Reduction in ERCOT Offer Cap - RTO Insider

May 12, 2024

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Texas PUC Pushes 44% Reduction in ERCOT Offer Cap

ERCOT's operating reserve demand curve will soon be changing again.

ERCOT's operating reserve demand curve will soon be changing again. | The Brattle Group

Dec 2, 2021 | Tom Kleckner

Texas regulators have reached consensus on lowering ERCOT's high systemwide offer cap to $5,000/MWh from $9,000/MWh, a 44% reduction.

Energy Market ERCOT Texas

KeywordsElectric Reliability Council of Texas (ERCOT)Federal Energy Regulatory Commission (FERC)North American Electric Reliability Corp. (NERC)operating reserve demand curve (ORDC)PJM Interconnection LLC (PJM)Public Utility Commission of Texas (PUCT)Southwest Power Pool (SPP)Texas Railroad Commission (TX RRC)

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