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Mar. 11—AUSTIN — The Public Utility Commission of Texas has announced Jeff McDonald as the director of the Independent Market Monitor (IMM) for the Electric Reliability Council of Texas (ERCOT ...
The Electric Reliability Council of Texas, Inc. (ERCOT) is an American organization that operates Texas's electrical grid, the Texas Interconnection, [3] [4] which supplies power to more than 25 million Texas customers and represents 90 percent of the state's electric load. [5] ERCOT is the first independent system operator (ISO) in the United ...
Market monitoring – an RTO must monitor market behavior and report market power abuses and market design flaws to FERC. Planning and expansion – an RTO must have ultimate responsibility for both transmission planning and expansion within its region that will enable it to provide efficient, reliable and non-discriminatory service.
Power generators in the Texas Interconnection, managed by the Electric Reliability Council of Texas, participate in an energy-only electricity market and are compensated only for the electricity they produce. The wholesale generation market was deregulated in 1995 and the distribution market in 1999, with Texas Senate Bill 7. This replaced the ...
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[1] [2] Texas RE was formed on January 1, 2010 to succeed Texas Regional Entity as the Regional Entity for the Electric Reliability Council of Texas (ERCOT). [ 3 ] [ 4 ] ERCOT is located in Texas , covering 75% of the state's land area and 90% of its electric load, making it the only Regional Entity that serves both a single interconnection ...
[21] Even a year later in 2022, PJM produced only 4.7% by wind and solar, as seen in the table above, although the PJM Independent Market Monitor reported wind and solar accounted for 6.8% of PJM energy in 2022 [22] which still lags the rest of the country significantly. The low level of renewable generation on PJM is not improving significantly.
The Electric Reliability Council of Texas (ERCOT) manages the flow of electric power on the Texas Interconnection that supplies power to 26 million Texas customers – representing 90 percent of the state's electric load. [3] ERCOT is the first independent system operator (ISO) in the United States [4] and one of nine ISOs in North America. [5]