February 2021 winter storm
PJM delayed a vote at the Market Implementation Committee meeting on a proposal addressing pseudo-modeled combined cycle minimum run time guidance.
ERCOT market participants again expressed their concerns with potential changes to the stakeholder process following discussions during board meetings.
ERCOT CEO Brad Jones said regaining Texans' trust in the grid will take more than meeting demand during one winter storm.
ERCOT has raised its alert level as extreme cold weather moves into Texas, saying it is taking action ahead of increased demand to ensure grid reliability.
ERCOT and SPP have both issued operations advisories as they prepare for another blast of winter weather this week.
FERC denied a complaint by a pair of cooperatives that SPP “misapplied” tariff provisions during February's winter storm, costing them $79 million in revenue.
ERCOT sailed through its second stress test of its winter readiness, easily meeting demand that came short of its peak during last February’s storm.
The Texas PUC expressed concern that ERCOT is not moving quickly enough to implement the many changes to the market directed by the state legislature.
ERCOT is bracing for the second major cold front of the year, issuing an operating condition notice for Thursday and Friday ahead of “extreme cold weather.”
More than 100 insurance companies are suing ERCOT and generators for policy holders’ “significant property damage” during last February’s winter storm.
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