By: Mark Watson | The Public Utility Commission of Texas called Thursday for reforms in the Electric Reliability Council of Texas to enhance market efficiency while implementing a scarcity price adder more frequently, but rejected another market reform stakeholders suggested.
By: Erin Douglas | Texas regulators approved a proposal to change the way wholesale electricity markets work in Texas, a move expected to significantly boost revenues for power generators while increasing electricity prices for consumers and businesses. The state’s power
By: L.M. Sixel| NRG Energy, the power producer and retail electric provider, notified the state’s grid manager the Electric Reliability Council of Texas that it is retiring two generating units in La Porte that became too outdated and inefficient to
By: Erin Douglas | Texas wind set a new record last week. At 12:07 am Friday, wind power generated 19,168 megawatts of electricity for a brief moment, beating the previous record of 17,920 megawatts, recorded at 3:32 p.m. on Nov.
By: L.M. Sixel | Texas is heading into summer with the tightest reserve margin on record, a less than comfortable cushion if Texas faces another string of triple-digit temperatures and power generators have problems keeping up with demand. But it
By: L.M. Sixel | The U.S. Bureau of Labor Statistics reported that Houston-area residents paid 9.4 percent more for electricity in November compared with a year earlier, reflecting fears of shortages in the wholesale electricity market that drove up power
By: L.M. Sixel | Higher-than-expected demand for electricity coupled with cancellations of planned power generation projects will leave less room for error in the coming summer, according to the manager of the state’s power grid. The Electric Reliability Council of
By: Matt Zdun | The number of electricity service-related complaints and inquiries filed with the state’s Public Utility Commission reached a three-year high this past fiscal year, an advocacy group said Tuesday. According to the Texas Coalition for Affordable Power,
By: L.M. Sixel | The number of electricity complaints and concerns lodged with Texas regulators during the past year stands hit new three-year high, reversing a generally downward trend in complaints about electricity service, according to a new study. Texans
By: Richard A. Kessler | Texas ERCOT continues to add wind power capacity faster than any electricity market in the US but for project developers, finding and making solid returns is a growing challenge in a changing and competitive environment