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July 25, 2024
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Texas Court Reverses PUC’s Uri Market Orders
Ruling Finds Commission Exceeded its Authority in Setting $9,000 Prices
A Texas appeals court has reversed the PUC's order setting wholesale prices at $9,000/MWh during the 2021 winter storm.
A Texas appeals court has reversed the PUC's order setting wholesale prices at $9,000/MWh during the 2021 winter storm. | © RTO Insider LLC
A Texas appeals court reversed PUC orders to keep ERCOT wholesale prices at the $9,000/MWh cap during the deadly February 2021 winter storm.
Energy MarketPublic Utility Commission of Texas (PUCT)Texas