Texas power market’s multistep scarcity pricing floor delayed until Nov. 1

A revision of the Electric Reliability Council of Texas main scarcity pricing program that would set minimum price adders at levels well above emergency reserve levels will become effective no sooner than Nov. 1, stakeholders learned during an ERCOT Protocol Revision Subcommittee meeting on Sept. 13. At issue is the Operating Reserve Demand Curve mechanism, by which a systemwide real-time…A revision of the Electric Reliability Council of Texas main scarcity pricing program that would set minimum price adders at levels well above emergency reserve levels will become effective no sooner than Nov. 1, stakeholders learned during an ERCOT Protocol Revision Subcommittee meeting on Sept. 13. At issue is the Operating Reserve Demand Curve mechanism, by which a systemwide real-time…  Read More