Texas
Texas' Senate is requiring the repricing of $4.2 billion in transactions ERCOT’s IMM identified as “billing errors” associated with February's winter storm.
Gov. Greg Abbot rejected calls to fire PUC Chair Arthur D’Andrea, who has refused to reprice billions of ERCOT transactions during February’s winter storm.
The Texas PUC appointed former staffer Adrianne Brandt and former ERCOT COO Brad Jones to guide an analysis of last month’s outages.
Texas utilities are coming up short on payments to ERCOT, as the state legislature begins considering restructuring the grid operator's governance.
Texas Public Utility Commissioner Shelly Botkin resigned Monday, leaving the three-person body with just one member, Chair Arthur D’Andrea.
The Texas PUC declined to reprice $16 billion in market transactions that may have been incorrectly priced during the February winter storm.
The names of potential successors to ERCOT CEO Bill Magness have already begun to circulate after the grid operator’s Board of Directors fired him.
Under heavy fire from state politicians over her response to the massive Texas blackouts, DeAnn Walker resigned as the chair of Texas’ PUC.
Texas lawmakers took their shots at ERCOT as they tried to grasp the complexities of a system that failed during an “unprecedented weather event.”
ERCOT CEO Bill Magness detailed for the Board of Directors the events that led up to last week’s near collapse of the grid during a severe winter storm.
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