Texas regulators have approved two more applications under the Texas Energy Fund’s completion-bonus program, making the generation resources eligible for more than $100 million in grants.

ERCOT’s Board of Directors has approved staff’s proposed 765-kV Eastern Backbone project and its $9.4 billion capital cost price tag, making it the most expensive project in the grid operator’s history.

Under a federal antitrust settlement, Calpine Corp. will divest ownership in several generation assets on the PJM and ERCOT grids as a condition for its acquisition by Constellation Energy.

ERCOT says it has successfully deployed Real-time Co-optimization + Batteries into the market, a mechanism used in most other RTOs and ISOs that procures energy and ancillary services in real time.

The Texas Public Utility Commission signed a sixth loan agreement through the Texas Energy Fund’s in-ERCOT loan program, up to $370 million for a new 455-MW gas-fired plant in the Houston area.

ERCOT stakeholders endorsed a 1,109-mile, single-circuit 765-kV backbone project that is projected to cost nearly $9.4 billion in capital costs, making it the largest initiative in decades.

Rising electricity demand is adding to seasonal reliability risks this winter as supply has not kept pace with consumption in many regions, NERC reported in its Winter Reliability Assessment.

ERCOT staff told Texas regulators they plan to file two urgent protocol changes with the Board of Directors in their latest push to design a new ancillary service that further strengthens the grid’s resource adequacy.

Texas regulators approved ERCOT’s methodologies for determining minimum ancillary services for 2026 while hinting at the same time that they are considering discontinuing the use of conservative operations.