Over-Priced “Nodal” System in the News

Over-Priced “Nodal” System in the News

In December, Texas is expected to shift over from its already complicated system for managing the wholesale electricity market to one that’s even more complicated. If the new system works the way it’s supposed to work, computers will spit out distinct prices for...
Another Erroneous Nodal Budget

Another Erroneous Nodal Budget

The ink is hardly dry on the new nodal budget – all $644 million of it — and already ERCOT is having to admit that it has made another error. During an April 22 ERCOT board meeting, ERCOT Chief Financial Officer Steve Byone acknowledged that planners for the...