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.
One charge on your home electric bill that may have escaped your notice is for something called the “EECRF.” This discrete charge pays your local utility for costs it incurs for creating energy efficiency programs.
The Texas Reliability Entity — also known as the “Texas RE” — is charged with monitoring and enforcing ERCOT compliance with federal electric reliability standards from the North American Electric Regulatory Corporation. The Texas RE also serves as the PUC’s Reliability Monitor for the ERCOT region.
Although it made landfall outside the state, Hurricane Laura knocked out power for hundreds of thousand customers within Texas and wreaked havoc on the local utility.