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#Panda Temple #bankruptcy could chill new gas plant buildout in ERCOT market

Panda Temple bankruptcy could chill new gas plant buildout in ERCOT market here is a cloud hanging over the Texas wholesale power market. The cloud is cast by the Chapter 11 bankruptcy filing of Panda Temple Power LLC in a Delaware court. To be clear, the Panda bankruptcy is not a cause of market conditions … Continue reading #Panda Temple #bankruptcy could chill new gas plant buildout in ERCOT market

#NRG, Calpine propose market fixes to avoid ‘subversion’ of ERCOT model

NRG, Calpine propose market fixes to avoid ‘subversion’ of ERCOT model Low and negative electricity prices in the ERCOT market are stoking concerns that Texas may not be able to attract sufficient new generation to ensure reliability. In March, the CEO of another grid operator, ISO-New England, told Utility Dive he sees the Texas model … Continue reading #NRG, Calpine propose market fixes to avoid ‘subversion’ of ERCOT model

#Calpine, #NRG post report that seeks changes in ERCOT pricing, settlement rules

Calpine, NRG post report that seeks changes in ERCOT pricing, settlement rules Calpine and NRG Energy filed Wednesday a commissioned report with the Texas Public Utility Commission that recommends changes to the Electric Reliability Council of Texas’ pricing and settlement rules. The commissioned report, titled “Priorities for the Evolution of an Energy-Only Electricity Market Design … Continue reading #Calpine, #NRG post report that seeks changes in ERCOT pricing, settlement rules

Power surge: #Texas could set a record for #peak_energy usage this summer

Power surge: Texas could set a record for peak energy usage this summer You’d be relieved to know that Texas isn’t expecting an abnormally hot summer. But the state could set a record for peak electricity usage in the next few months. The Electric Reliability Council of Texas, or ERCOT, the nonprofit company that operates … Continue reading Power surge: #Texas could set a record for #peak_energy usage this summer

Where will your power come from? Big decisions ahead for #Texas

Where will your power come from? Big decisions ahead for Texas Something has got to give when it comes to how Texas generates, transmits and sells electricity. In particular, Texas lawmakers need to reconsider how generators get paid for wholesale electricity by ERCOT, the semi-governmental agency that manages the grid in most of Texas. Prices … Continue reading Where will your power come from? Big decisions ahead for #Texas