Jan. 17, 2019 - The Public Utility Commission of Texas (PUCT) approved the proposed changes to the ORDC at its scheduled meeting today. Changes will be implemented using a phased-process. ERCOT will implement a .25 standard deviation shift in the ORDC by April 2019 with a second shift of .25 in the spring of 2020. In a memo to ERCOT Commissioners Shelly Botkin and Arthur D'Andrea, PUCT Chairman DeAnn Walker explained why action is necessary and the expected impact on electric

Dec. 4, 2018 - The Electricity Reliability Council of Texas (ERCOT) released its December Capacity, Demand and Reserves (CDR) report, which forecasted a historically low 8.1% summer reserve margin for 2019. Facing reliability issues, the PUCT will likely rule at its next meeting on January 17 on a proposed revision to the Operational Reserve Demand Curve (ORDC) calculation. If approved, power prices will trade at a premium for the next few years. Texas is experiencing a suppl

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