Michael Giberson Recently the Brattle Group submitted a study of resource adequacy issues within the ERCOT power system and the policy options available to ERCOT and the PUC of Texas, the regulatory authority overseeing the ERCOT system. As the Brattle report points out, ERCOT has so far stuck with a so-called “energy-only” market design while … More Hayek’s Knowledge Problem As an Issue in Electric Power Market Design
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. … More Competitive Power Market in Texas Faces Supply Concerns. Now What?
Michael Giberson Pat Wood, the former FERC chairman and former Texas PUC chairman, was interviewed recently by The Texas Tribune. Wood is surely one of KP‘s favorite ex-regulators, so of course we’re linking to the interview. Here’s just one bit: Wood: … There is also a lot that can be done, particularly on the energy … More Pat Wood: The Texas Tribune Interview
Michael Giberson The Houston Chronicle has added another voice to its roster of energy bloggers: Pat Wood III. Wood is former chairman of the Federal Energy Regulatory Commission and before that chairman of the Public Utility Commission of Texas (though around here they usually list those two items the other way. In order of importance, … More Pat Wood Joins the Ranks of Energy Bloggers
Michael Giberson I spent the middle of last week in Austin at the University of Texas-Law conference on wind, solar and geothermal energy law, and as a side bonus got to hear some informal, Austin-based commentary on the Tres Amigas proposal to interconnect the Eastern, Western, and Texas electric grids. It will give you some … More Tres Amigas Wants to Take Cheap Electric Power Away from Hard-Working Texas Families
Michael Giberson The Dallas Morning News is back with the second half of its investigative report into consumer protection problems in the Texas retail power market. In this article the DMN focuses on the owner of Freedom Power, one company serving the prepaid power segment of the Texas retail market. (Yesterday I commented on part … More Consumer Protection in the Texas Retail Power Market, Part 2
On Thursday, Texas utility regulators selected nine companies to build portions of the nearly $5 billion-worth of transmission intended to better integrate renewable power into the ERCOT grid. … More Texas Regulators Choose Companies to Build Transmission to Reach Wind Power
Michael Giberson Power to The Woodlands, Texas, a little north of Houston, is delivered by two different companies. Depending on which neighborhood you live in, either your power comes via CenterPoint Energy or it comes via Entergy Texas. After power outages caused by Hurricane Ike, it took up to a week longer for power to … More Even in Texas Competition Between Electric Wires Companies is Prohibited, Except in Lubbock