June 20, 2024

Electric Reliability Council of Texas (ERCOT)

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ERCOT Board Chair Foster Steps Down
Paul Foster, who chaired ERCOT’s first Board of Directors under new rules established in the aftermath of 2021’s disastrous winter storm, announced he is stepping down.
Xcel Energy
Texas Supreme Court Rules for ERCOT, PUC During Uri
The Texas Supreme Court ruled ERCOT and the Public Utility Commission were within the law when they raised wholesale prices to more than 300 times above normal during Winter Storm Uri.
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Renewable Developers Oppose Proposed ERCOT IBR Rule
Several renewable energy developers are opposing ERCOT stakeholders’ approval of a controversial rule change that would impose voltage ride-through requirements on IBRs.  
ERCOT TAC Endorses Rule for Inverter-based Resources
ERCOT stakeholders and staff came to an agreement on a rule change that imposes voltage ride-through requirements on IBRs.
Vistra Joins Rush for Dispatchable Generation Loans
Vistra says it plans to add nearly 2 GW of gas-fired capacity to the ERCOT grid over the next year and seek loans through the Texas Energy Fund.
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SPP Monitor Collins Joins ERCOT as VP of Market Ops
ERCOT hired Keith Collins, who directs SPP’s Market Monitoring Unit, as its new vice president of market operations to replace Kenan Ögelman.
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ERCOT Technical Advisory Committee Briefs: May 22, 2024
ERCOT stakeholders plumbed the depths of Robert’s Rules of Order and amended motions before endorsing a rule change that allows the grid operator to manually release contingency reserve service from economically dispatched resources after repeated violations of the system power balance constraint. 
ERCOT Projects 97-GW Peak Demand by 2034
ERCOT’s latest capacity, demand and reserves report projects summer peak demand will increase to more than 97 GW by 2034.
FERC Forecasts High Temperatures, Flat Prices for Summer
This summer should bring high temperatures and electricity demand but flat power prices as cheaper fuel offsets heavy load, according to a FERC assessment.
Admin Monitor
Texas PUC Prepping Reliability Standard for Comment
Texas Public Utility Commission staff are preparing for public comment a revised version of ERCOT’s proposed reliability standard.

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