Post Tagged with: "ERCOT"

Source: Reuters

Texas grid operator made $16 billion price error during winter storm, watchdog says

Reuters


 Texas’ power grid operator Electric Reliability Council of Texas (ERCOT) made a $16 billion pricing error in the week of the winter storm that led to power outages across the state, Potomac Economics, which monitors the state’s power market, …

Source: Reuters

Top executives of Texas electric grid resign after storm failure

Reuters


HOUSTON  – Top directors of Texas’s electric grid operator, who faced sharp criticism from a massive failure of the state power system that left millions last week without light, heat, and water, resigned on Tuesday.

The board’s chairman, vice …

February 24, 2021 - 1:30 pm Closing Bell Story‎, Energy News, Power Generation
Source: Reuters

Texas energy freeze stretches to sixth day, raises Mexico’s ire

Reuters


HOUSTON – Texas’s freeze entered a sixth day on Thursday, as the largest energy-producing state in the United States grappled with massive refining outages and oil and gas shutins that rippled beyond its borders into neighboring Mexico.

The cold …

Texas Power Prices Triple as Heat Wave Expected to Boost Demand to Record Highs

Texas Power Prices Triple as Heat Wave Expected to Boost Demand to Record Highs

From Reuters


Spot power prices in Texas almost tripled for Tuesday on forecasts demand for electricity would hit record levels over the next week as consumers crank up their air conditioners to escape a heat wave blanketing much of the …