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March 12, 2026

Electric Reliability Council of Texas (ERCOT)

Vistra Stock Plunges After Market Losses
Vistra said it expects to take a $1.3 billion financial loss because of the state’s massive power outage and its subsequent effects on the ERCOT market.
ERCOT’s Brazos Electric Declares Bankruptcy
Brazos Electric Power Cooperative filed for Chapter 11 bankruptcy, saying it was unable to pay ERCOT $2.1 billion in unexpected charges.
PUCT’s Walker Steps Down from Commission
Under heavy fire from state politicians over her response to the massive Texas blackouts, DeAnn Walker resigned as the chair of Texas’ PUC.
Counterflow: Winter Ain’t Over Yet
Steve Huntoon says grid operators should apply lessons learned from the Texas outages to ensure the lights stay on through the rest of winter.
UPDATED: Texas Lawmakers Dig into Power Outages
Texas lawmakers took their shots at ERCOT as they tried to grasp the complexities of a system that failed during an “unprecedented weather event.”
AEP CEO Calls for More Stringent Reliability Measures
American Electric Power CEO Nick Akins called for stepped-up reliability measures following a winter storm that ravaged the Texas grid.
Experts Urge Grid Hardening amid Decarbonization Push
Electricity industry experts wrestled with how the Midwest grid can fully decarbonize while facing increasingly common extreme weather events.
ERCOT Provides ‘Explanations, not Excuses’
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.
Exelon
Exelon to Split Tx, Generation Businesses
Exelon plans to separate its regulated transmission and distribution utilities from its merchant power generation business.
ERCOT Chair, 4 Directors to Resign
Five out-of-state members of ERCOT’s Board of Directors, including new Chair Sally Talberg, told the Texas PUC they will resign Feb. 24.

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