The state’s grid manager booted two more retail electricity providers from Texas wholesale power markets this week after they failed to make payments to cover their purchases during the recent power crisis. At least three retail power companies have been…
Tag: ERCOT
ERCOT market monitor cuts storm pricing error estimate to $3.2 billion from $16 billion
Houston — The Electric Reliability Council of Texas’ independent market monitor has lowered its estimate of the amount of erroneous real-time energy market charges during the Feb. 18-19 winter storm to $3.2 billion from $16 billion, reflecting the net effect…