December 10, 2023

Texas Supreme Court (SCOTX)

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ERCOT Sovereign Immunity Affirmed by Texas Supreme Court

The Texas Supreme Court on Friday narrowly affirmed ERCOT’s sovereign immunity, granting it protection against fraud claims and allegations of overpricing, and asserted the Public Utility Commission’s jurisdiction over the grid operator in a pair of rulings.

Texas PUC Appeals Court’s Decision on Uri Transactions
The Texas PUC has asked the state’s Texas Supreme Court to overturn a recent appeals court ruling that could unwind market transactions during Winter Storm Uri.
Panda Power Funds
ERCOT Asks for Ruling on Sovereign Immunity Claim
ERCOT asked the Texas Supreme Court to find that it is entitled to immunity as a governmental agency and reject a five-year-old lawsuit by a power developer.

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