Electric Reliability Council of Texas

More Interregional Transmission Could Have Saved Nearly $1 Billion, Preserved Power for 200,000 Homes During Texas Freeze

Thursday, July 22, 2021 - 6:15pm

The report, Transmission Makes the Power System Resilient to Extreme Weather, details the value additional transmission would have provided during five severe weather events in Texas, the Northeast and the Midwest between 2014 and 2021.

Key Points: 
  • The report, Transmission Makes the Power System Resilient to Extreme Weather, details the value additional transmission would have provided during five severe weather events in Texas, the Northeast and the Midwest between 2014 and 2021.
  • "This report demonstrates that we are already paying an enormous price for our lack of interregional transmission, and that the benefits of a robust transmission grid would quickly surpass the cost of constructing new lines.
  • Texas heat wave in August 2019 Each additional GW of transmission ties between ERCOT and the Southeastern U.S. could have saved consumers nearly $75 million.
  • Transmission Makes the Power System Resilient to Extreme Weather was commissioned by ACORE and authored by Grid Strategies LLC.

Start-up Texas REP Inks Partnership with EC Infosystems

Tuesday, July 13, 2021 - 12:15pm

The Dallas-based retail energy provider will focus on the Texas market, serving primarily residential and small to midsize commercial customers.

Key Points: 
  • The Dallas-based retail energy provider will focus on the Texas market, serving primarily residential and small to midsize commercial customers.
  • When new deregulated energy providers enter the Texas market and seek to establish their back-office infrastructure, EC Infosystems is a natural choice as clients can leverage our 24-year industry experience commitment to serving the ERCOT market, says EC Infosystems President and CEO, Mohan Wanchoo.
  • The company has an aggressive timeline for market entry, supported by EC Infosystems extensive background in Texas deregulation, local presence, and out-of-the-box UtiliBill Billing/CIS platform that is scalable from the start-up to established retailer phases.
  • This emphasis on deepening our partnerships through continuous innovation is a cornerstone of EC Infosystems business model.

Study Finds Majority of Texans Concerned About Texas Power Grid Handling Summer Heat

Tuesday, June 22, 2021 - 11:35am

TEXAS, June 22, 2021 /PRNewswire/ --As June 20 officially kicked off summer and brutal temperatures set in, a new survey showed that 68% of Texans don't trust ERCOT and the Texas power grid to avoid failing in the summer heat.

Key Points: 
  • TEXAS, June 22, 2021 /PRNewswire/ --As June 20 officially kicked off summer and brutal temperatures set in, a new survey showed that 68% of Texans don't trust ERCOT and the Texas power grid to avoid failing in the summer heat.
  • That's bad news for the 85% of Texans who said they can't live without air conditioning during Texas summers.
  • Renewable energy provider Rhythm conducted the recent survey of 804 Texans, which revealed Texas residents' apprehension over rising energy costs and potential power outages.
  • ERCOT recently asked Texas households to conserve energy as rising temperatures and generation outages create instability in the power grid with summer approaching.

Just Energy Announces Texas Legislation Providing Recovery Mechanism for Certain Costs of the Texas Winter Weather Event

Friday, June 18, 2021 - 1:00pm

HB 4492 provides that ERCOT request that the Public Utility Commission of Texas (the Commission) establish financing mechanisms for the payment of the Costs incurred by load-serving entities, including Just Energy.

Key Points: 
  • HB 4492 provides that ERCOT request that the Public Utility Commission of Texas (the Commission) establish financing mechanisms for the payment of the Costs incurred by load-serving entities, including Just Energy.
  • The timing of any such request by ERCOT, the details of the financing mechanism and the process to apply for recovery of the Costs are undetermined at this time.
  • About Just Energy Group Inc.
    Just Energy is a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions and renewable energy options to customers.
  • Just Energy is the parent company of Amigo Energy, Filter Group Inc., Hudson Energy, Interactive Energy Group, Tara Energy, and terrapass.

AB Power Advisors Announces Advisory Role in Recently Closed Solar PPAs

Wednesday, June 2, 2021 - 3:35pm

AUSTIN, Texas, June 2, 2021 /PRNewswire/ -- AB Power Advisors, LLC (AB) announced its advisory role in the recent closings of Power Purchase Agreements (PPAs) for two solar farms in ERCOT that were originally developed by Belltown Power Texas.

Key Points: 
  • AUSTIN, Texas, June 2, 2021 /PRNewswire/ -- AB Power Advisors, LLC (AB) announced its advisory role in the recent closings of Power Purchase Agreements (PPAs) for two solar farms in ERCOT that were originally developed by Belltown Power Texas.
  • AB also originated and advised on a PPA signed with a utility buyer from the Signal Ranch Solar farm owned by Adapture Renewables.
  • AB is currently engaged in regulatory, commercial, and capital deployment advisory for over 5 GWs of thermal and renewable projects.
  • AB ( www.abpoweradvisors.com ) is a premier advisory services firm that specializes in delivering customized solutions to the U.S. Power industry.

AB Power Advisors Announces Advisory Role in Recently Closed Solar PPAs

Wednesday, June 2, 2021 - 3:35pm

AUSTIN, Texas, June 2, 2021 /PRNewswire/ -- AB Power Advisors, LLC (AB) announced its advisory role in the recent closings of Power Purchase Agreements (PPAs) for two solar farms in ERCOT that were originally developed by Belltown Power Texas.

Key Points: 
  • AUSTIN, Texas, June 2, 2021 /PRNewswire/ -- AB Power Advisors, LLC (AB) announced its advisory role in the recent closings of Power Purchase Agreements (PPAs) for two solar farms in ERCOT that were originally developed by Belltown Power Texas.
  • AB also originated and advised on a PPA signed with a utility buyer from the Signal Ranch Solar farm owned by Adapture Renewables.
  • AB is currently engaged in regulatory, commercial, and capital deployment advisory for over 5 GWs of thermal and renewable projects.
  • AB ( www.abpoweradvisors.com ) is a premier advisory services firm that specializes in delivering customized solutions to the U.S. Power industry.

CPS Energy Announces Key Milestones In Case Against ERCOT

Thursday, May 27, 2021 - 12:17am

ERCOT has asked the Court to move the case against ERCOT to Travis County, where ERCOT is headquartered.

Key Points: 
  • ERCOT has asked the Court to move the case against ERCOT to Travis County, where ERCOT is headquartered.
  • Second, CPS Energy successfully defeated ERCOT's attempt to have the Court claim dismissed on the basis that CPS Energy did not have a valid legal basis for the case to be heard in a Texas Court.
  • "We are pleased that Judge Casseb gave CPS Energy the opportunity to present our case against ERCOT to the residents of Greater San Antonio.
  • CPS Energy is among the top public power wind energy buyers in the nation and number one in Texas for solar generation.

Climate Impact Capital Leads Investment in Micro-grid Resiliency

Wednesday, May 26, 2021 - 4:30pm

HOUSTON, May 26, 2021 /PRNewswire/ -- Climate Impact Capital, LLC is pleased to announce leading the closing of a Pre-Series A round of $1.3 Million, into 60Hertz .

Key Points: 
  • HOUSTON, May 26, 2021 /PRNewswire/ -- Climate Impact Capital, LLC is pleased to announce leading the closing of a Pre-Series A round of $1.3 Million, into 60Hertz .
  • At a time when only 2.8% of venture capital goes to female-founded start-ups, 60Hertz is already a success story.
  • "Maintenance is a critical element of ensuring grid resiliency, as we saw during the near-collapse of the Texas ERCOT grid early in 2021," said Alex Rozenfeld , the Founder of Climate Impact Capital.
  • Focusing on climate change risks, CIC identifies resiliency opportunities and prepares our partners, customers, and portfolio companies for a world challenged by climate variability and resource scarcity.

Solar Proponent Hires Solar Industry Veteran Alan Stringer as Chief Operating Officer

Wednesday, May 19, 2021 - 2:15pm

b'Solar Proponent LLC , a utility-scale solar developer based in Austin and focused on the ERCOT market in Texas, today announced veteran solar executive Alan Stringer has joined the company as Chief Operating Officer.

Key Points: 
  • b'Solar Proponent LLC , a utility-scale solar developer based in Austin and focused on the ERCOT market in Texas, today announced veteran solar executive Alan Stringer has joined the company as Chief Operating Officer.
  • We are thrilled to have Alan join our executive team,\xe2\x80\x9d said Solar Proponent Chief Executive Officer Cassandra Rinaldo.\nBefore he joined Solar Proponent, Mr. Stringer served as vice president of EPC at First Solar (NASDAQ: FSLR), where he was responsible for construction of approximately $7 billion in solar projects.
  • He most recently served as chief technical officer at Ceiba Energy Management.\n\xe2\x80\x9cI\xe2\x80\x99ve known and respected Alan for many years.
  • With decades of combined experience in the energy sector, the Solar Proponent team is focused on building value for investors, communities, and landowners through responsibly developed solar generation projects.

CPS Energy Strengthens Lawsuit Against ERCOT In Light Of Recent Actions; Court Grants Temporary Restraining Order Preventing ERCOT From Passing On Unlawful Charges

Friday, April 30, 2021 - 3:06am

In addition to the filing of the amended complaint, the Court granted CPS Energy\'s request for a temporary restraining order, further protecting its customers from ERCOT\'s latest attempt to pass on unlawful charges.\nCPS Energy is a municipally owned utility.

Key Points: 
  • In addition to the filing of the amended complaint, the Court granted CPS Energy\'s request for a temporary restraining order, further protecting its customers from ERCOT\'s latest attempt to pass on unlawful charges.\nCPS Energy is a municipally owned utility.
  • The money the company makes stays in San Antonio, Texas and ultimately gets reinvested back into operational and service improvements.\n"Texas prides itself on being an energy state.
  • To help correct this problem, CPS Energy will continue to work tirelessly to put its customers first.
  • CPSEnergy will also provide relevant updates, as major developments occur.\nPrevious updates about how CPS Energy is working to protect customers can be found here:\n'