ERCOT seeks approval from Texas regulators for its 2024-25 budget and a 27.9% increase to its system administration fee.
ERCOT surprised market participants with an announcement that it plans to increase operating reserves by requesting an additional 3,000 MW of capacity to shore up the grid for the upcoming winter.
ERCOT CEO Pablo Vegas thanked Texas consumers for helping the grid operator survive tight operating conditions this summer.
ERCOT staff are reviewing the spate of electric-related legislation that was recently passed by Texas lawmakers.
ERCOT says it is prepared for triple-digit temperatures in much of Texas this week and next that are expected to lead to new records for peak demand.
With the 88th Texas Legislature’s regular session now over, the general consensus is that the clean energy industry fared better than recent gloomy predictions.
ERCOT's Independent Market Monitor’s annual market report recommends resurrecting a multi-interval, real-time design, among other things.
ERCOT and the Texas PUC say there is not enough dispatchable generation to meet peak demand this summer, forcing the grid to rely on renewables.
ERCOT CEO Pablo Vegas endorsed the PUC's performance credit mechanism, saying it will incent new and preserve existing dispatchable generation.
ERCOT staff says that despite “not insignificant” forced outages during the December winter storm, it set a new winter demand record and supported reliability.
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