ERCOT Technical Advisory Committee (TAC)
The Texas PUC declined to reprice $16 billion in market transactions that may have been incorrectly priced during the February winter storm.
Staff told the ERCOT Technical Advisory Committee that it will be asked next month to sunset the RTC Task Force and instead focus on the Passport Program.
ERCOT task forces working on market improvements and integrating storage brought the final results of their work to the TAC.
The ERCOT Technical Advisory Committee met virtually to discuss private-use networks, day-ahead market delays and NPRRs.
ERCOT staff told stakeholders they are working to reduce errors following two recent unrelated events that led to price corrections and resettlements.
The ERCOT TAC debated the "2% rule," discussed the backlog of revision requests, and approved several related to emergency response service.
ERCOT’s Technical Advisory Committee approved a standard contract term for emergency response service and some energy storage to use internal sensors.
ERCOT’s TAC held its first full working meeting since the COVID-19 outbreak, endorsing revision requests and learning about the grid operator's new HQ.
The COVID-19 pandemic and associated economic crash forced ERCOT to lower its financial forecasts into 2025, but they're still in “sound financial position."
The ERCOT Technical Advisory Committee unanimously approved a change to how emergency response service resources return following recall.
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