ERCOT argued that it enjoys immunity against legal actions relating to its official actions because the organization claims it acts as a division of state government. ________________________________________________ Sovereign immunity — the legal principle that...
The IMM concludes that there should exist sufficient revenues in the energy and Ancillary Services market to maintain ERCOT’s existing generation fleet and to support investment in new resources. ________________________________________________ Each spring the...
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,...
The changes drew near unanimous opposition from the electric industry, consumer and environmental stakeholders that historically help set policy at ERCOT. ________________________________________________ ERCOT stakeholders had their supervisory authority significantly...
The settlement calls for the Waco-base cooperative to promptly repay $600 million it owes ERCOT, and to repay various ERCOT market participants over time ________________________________________________ Brazos Electric potentially would repay the entirety of its $1.9...
The average ORDC adder for 2022 equaled $6.33 per megawatt hour, which is more than 12 times higher that the average adder for 2021, excluding that associated with Winter Storm Uri. ________________________________________________ An ERCOT-administered system that...
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