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News Stories: Performance Credit Mechanism (PCM)

December 19, 2024
Texas

PUC Pauses PCM Vote Due To Dubious Reliability Benefits 

The Public Utility Commission of Texas (TPUC) unanimously decides to pause its vote on performance credit mechanism (PCM) due to questionable reliability benefits. The…

December 1, 2024
Texas

PUC Pauses the Implementation of the Performance Credit Mechanism

The Public Utility Commission of Texas (PUCT) has decided to put a hold on a proposed reform for the electricity market, citing concerns that it doesn’t adequately…

August 21, 2024
Texas

ERCOT Files Strawman PCM Design Decisions 

ERCOT and E3 have filed with the Texas PUC a PCM Strawman Design White Paper, which reflects ERCOT/E3’s recommendations on various design elements. As previously…

June 20, 2024
Texas

Parties File Comments On Performance Credit Mechanism

The Texas Energy Association for Marketers (TEAM) said, “[T]here is also a concern that ex-post parameters may be inconsistent with the requirements of HB 1500 for…

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