Texas Regulators Consider Revamping Key ERCOT Systems

Texas Regulators Consider Revamping Key ERCOT Systems

A contemplated system revamp at ERCOT, the organization that oversees the state’s primary power grid, could cost millions up front — but also end up benefiting Texas ratepayers in the long-term, even after taking the cost into account. That’s the conclusion of two...
ERCOT Power Prices, Congestion Costs Increase in 2017

ERCOT Power Prices, Congestion Costs Increase in 2017

Key wholesale power prices in Texas increased during 2017 — an upward surge largely driven by rising natural gas prices. Average demand for power in the ERCOT market also increased in 2017. However, peak-hour demand fell by 2.2 percent from the all-time record set...
Proposed Changes to ERCOT Mechanism Could Impact Prices

Proposed Changes to ERCOT Mechanism Could Impact Prices

It’s called the Operating Demand Reserve Curve — ORDC for short. You can be forgiven if you’ve never heard of it. But the ORDC — which is a component of the state’s wholesale power system — was in the news this month … and in a way that could portend higher power...