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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 b
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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.
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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
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TPUC Chairman Asks If PCM Cost Cap Can Be An Average Verses Absolute Annual Cost Cap
In a memorandum in advance of the March 7th open meeting, Texas Public Utilities Chairman Gleeson questioned how the statutory $1 billion cost cap performa
