News From ERCOT
ERCOT’s Board of Directors unanimously approved the grid operator’s first economic project in three years, a $53.3 million transmission upgrade in West Texas.
ERCOT’s current market design “will support more than sufficient reserve margins,” according to a draft report the grid operator filed with the Texas PUC.
ERCOT’s Board of Directors unanimously approved staff’s determination that no market changes are currently needed to address price formation issues as a result of DC tie flows during emergency events.
ERCOT stakeholders granted Southern Cross Transmission’s request to create a new market participant category for DC tie operators after months of inaction. | © RTO Insider