The new rules establish the “Texas Energy Fund Completion Bonus Grant Program” and create guidelines for generation developers seeking grants to construct new dispatchable power facilities or to expand existing ones. ________________________________________________...
Deloitte will build and administer the systems that support the TEF’s loan and grant programs and backup power packages, according to the PUC. ________________________________________________ A global consulting firm has begun developing the state’s new $10 billion...
During a January 30 hearing, the state’s highest court heard oral arguments from lawyers for the Public Utility Commission of Texas, Calpine Corp., and Luminant. The implications of the lawsuit are immense. ________________________________________________ A lawsuit...
The market overhaul would create new subsidies for power generators, but at ratepayer expense. ________________________________________________ Afar-reaching and controversial overhaul of the ERCOT market has received approval from the Public Utility Commission,...
Read together, the twin reports provide a relatively upbeat picture of expected operating reserves. ________________________________________________ Texas should enjoy relatively healthy energy reserves in the short and medium term, according to two new reports from...
ERCOT’s projections, included in its most recent Seasonal Assessment of Resource Adequacy Report, cover the months of March, April and May and apply to normal operating conditions and various risk scenarios. ________________________________________________...