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Texas PUC Seeks Comment On ERCOT Market Emergency Pricing Program (Value Of Emergency Prices & Cap, Offer Caps, More)
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Texas PUC Staff have issued questions for stakeholder comment concerning the Emergency Pricing Program for the ERCOT market
Public Utility Regulatory Act (PURA) § 39.160 requires the Commission to establish an emergency pricing program for the wholesale electric market.
PUC Staff seeks comments in response to the following questions:
(1) Once an event has triggered the emergency pricing program, what criteria should the Commission use for determining when the emergency pricing program will cease and no longer be active?
(2) What value should the emergency pricing program cap be set at? Should the cap differ for energy and ancillary services?
(3) PURA § 39.160(g) requires that the emergency pricing program allow generators to be reimbursed for "reasonable, verifiable operating costs that exceed the emergency cap". What types of costs are appropriate for reimbursement under this requirement? How should these costs be recovered?
(4) How often should the Commission review each of the system-wide offer cap programs, including the low system-wide offer cap, the high system-wide offer cap, and the emergency pricing program?
(5) Are there any additional policy issues the Commission should address in a proposed rule implementing PURA § 39.160?
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July 25, 2023
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Copyright 2010-23 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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