The organization’s CEO said a change in ERCOT’s forecasting methodology — combined with more Permian Basin oil production and an influx of new data centers and Bitcoin operations — had led to higher demand forecasts....
Grid operators at ERCOT as well as their counterparts nationwide find themselves rushing to adjust demand forecasts — in significant part because of data center growth. ________________________________________________ Fueled by the rise of artificial intelligence...
Known in regulatory parlance as the Performance Credit Mechanism, the regulatory change calls for the creation of new financial instruments known as “Performance Credits” to be traded by market participants. ________________________________________________ A pending...
Under Patrick’s instructions, the Senate’s Business and Commerce Committee will consider the following six energy-related charges. ________________________________________________ Lt. Gov. Dan Patrick has issued 57 charges for Texas Senate committees to study in...
The survey, developed by the Lawrence Berkeley National Laboratory, has been deployed by utilities and electricity regulators in other jurisdictions to assist in the creation of grid reliability policies and to evaluate the cost-effectiveness of grid infrastructure...
Odessa American: RRC commissioners assess over $3 million in penalties March 19 — The Railroad Commission of Texas assessed $3,141,077 in fines involving 775 enforcement dockets against operators and businesses at the Commissioners’ Conference on Tuesday. The...