ERCOT admits to violating Texas PUC rules on pricing, disclosures

Platts

The Electric Reliability Council of Texas has notified state regulators it has violated several state regulations and ERCOT protocols affecting prices and other issues, some since ERCOT’s nodal market start-up in December 2010, which one trader on Tuesday said was “troubling.”

In a filing Monday, ERCOT notified the Public Utility Commission of Texas it had violated rules related to the release of information on energy ancillary service offers, to the calculation of …

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