ERCOT Unveils Plan For Invoicing Default Uplift Charges | Husch Blackwell LLP
To embed, copy and paste the code into your website or blog: In the wake of winter storm Uri, ERCOT market participants are grappling with the resulting financial fallout. Many are now familiar with actions the Texas Public Utility Commission took during the February weather event with the intent to bring and maintain as much generation online as possible – notably ordering ERCOT to implement a temporary adjustment to the scarcity pricing mechanism designed to result in real time prices reaching the system-wide high offer cap at the statutory maximum of $9,000/mWh during the height of the g...
Source: jdsupra.com