ERCOT CEO Bill Magness told the Board of Directors the grid operator finished 2019 with a net positive variance of $35.4 million.

ERCOT’s Board unanimously approved staff’s determination that no market changes are needed to address price formation issues as a result of DC tie flows.

ERCOT’s legal department again delayed votes endorsing final changes to the grid operator’s bylaws and articles of incorporation.

ERCOT’s TAC failed to reach agreement on how to classify Southern Cross after debating the company’s bid to become the ISO’s first merchant DC tie operator.