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April 17, 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
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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 MarketERCOTTexas