Along with the release of its new reports this week, ERCOT also announced plans to visit selected power plants to review their summer weatherization plans. While ERCOT has visited plants in the past to check for winter weatherization, this is the first time officials will visit plants for summer weatherization, according to ERCOT.
The ERCOT board authorized Mr. Jones’ interim appointment during an April 27 emergency board meeting. He will take the reins May 4.
The new data comes just as Texas lawmakers and the PUC grapple with energy market reforms.
All else equal, a higher reserve margin should mean less likelihood of certain kinds of reliability problems, as well as lower wholesale prices.
Texas remains on track to add more than 5,000 MW of new wind capacity in 2020 — the most ever added annually.
NRG and Vistra could end up controlling about 75 percent of the competitive Texas market, according to published reports.