4 ms·
That's probably referencing this filing: http://www.puc.texas.gov/51617WinterERCOTOrder.pdf http://www.puc.texas.gov/51617WinterERCOTOrder.pdf The PUCT makes a
by brendoelfrendo 6y ago
That's probably referencing this filing: http://www.puc.texas.gov/51617WinterERCOTOrder.pdf http://www.puc.texas.gov/51617WinterERCOTOrder.pdf
The PUCT makes a salient point: why was energy trading at less than the maximum if we were shedding load? If demand is so high that the generators can't keep up, then pricing would be expected to follow. PUCT directed ERCOT to ensure that their pricing is commensurate with the scarcity on the market.