Michael Giberson Via Houston Chronicle‘s Fuel Fix, notice of hearings on the ERCOT blackout being held Tuesday morning, February 15. Live now and should be archived later. More information from FuelFix: Blackout investigations start up this week ERCOT blackout: Changes already made to emergency procedures UPDATE: A link to ERCOT CEO’s presentation to its board …
Ercot Blackout Hearings Underway in Texas State Senate Read More »
Michael Giberson Much in the news in Texas these past few weeks have been new peak power records and several grid emergency conditions which saw the ERCOT power system narrowly avoid rolling blackout a time or two. Tom Fowler of the Houston Chronicle‘s Fuel Fix blog has been tracking the story closely, see selected links …
Power Consumption Reaches New Peaks in Texas, Ercot Narrowly Avoids Rolling Blackouts Read More »
Michael Giberson The Texas Reliability Entity has issued its report on the ERCOT extreme cold weather events and rolling blackouts of February 2, 2011. Texas RE is the NERC regional entity for the ERCOT power system and contracted to the Public Utility Commission of Texas to serve as ERCOT reliability monitor for the state agency. In …
Ercot Reliability Monitor Issues Report on the February 2 Rolling Blackouts Read More »
Michael Giberson The ERCOT independent market monitor (IMM) has released its report on the February 2, 2011 rolling blackouts. Excerpts from the report introduction are below, but let’s get to the meat of the matter. The IMM was asked (1) whether there was any evidence that market participants tried to manipulate the market for financial …
Independent Monitor Finds No Market Abuse During Ercot Rolling Blackouts on February 2 Read More »
Michael Giberson A regulatory filing by Energy Futures Holdings Corp., the parent company of Luminant, a major power generator in the Texas market, provides a small peak behind the curtain of confidentiality that has limited the public’s view of what all went wrong on February 2. A small peak, but a significant story: In an …
Ercot Rolling Blackout News: Powerful Market Forces Already at Work Read More »
Michael Giberson A collection of news and commentary on the February 2 rolling blackouts on the ERCOT grid in Texas. KVUE: After blackouts, PUC member seeks authority to fire ERCOT CEO WFAA: Public Utility Commission grills ERCOT top exec on rolling blackouts Associated Press: Railroad Commission questions industry performance WFAA: Quest for cheap fuel led …
Roundup of News and Commentary on the Texas Rolling Blackouts Read More »
Michael Giberson In other commentary on ERCOT’s rolling blackouts: “Some Companies Made Millions Off the Texas Blackouts.” While Texans suffered rolling blackouts yesterday, some power generators were enjoying windfall profits. Starting around 5 a.m., prices in the wholesale market surged to the market cap, $3,000 per megawatt-hour, and stayed there, off and on, until around …
Texas Observer: Some Companies Made Millions Off the Texas Blackouts Read More »
Michael Giberson [Note: This item was originally posted at MasterResource as: “Texas Power Outages: A Preliminary Analysis (Cold snap brings failure–isolated ERCOT an issue)“] Wednesday morning, ERCOT, the power grid operator for much of Texas, called upon local distribution companies to cut power to blocks of consumers on a rotating basis. The rolling outages were a …
Cold Snap Brings Rolling Power Outages to Texas; is Ercot Policy of Isolation at Fault? Read More »
Michael Giberson The question troubling some folks in Texas’s competitive power market: Will Texas consumers want to consume more electric power than suppliers are able to supply? A resource adequacy review by ERCOT, the power system and market operator for most of the state, suggests that consumer demand may outstrip resources available as early as 2014. …
Competitive Power Market in Texas Faces Supply Concerns. Now What? Read More »
Michael Giberson Laylan Copelin, reporting for the Austin American-Statesman, documents the power system resource issues currently troubling state utility regulators in Texas: “State set to grapple again with question: How to encourage more private-sector power generation?” Texas suffered one rolling blackout last winter and narrowly avoided another this summer. The weather extremes might have exposed …
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