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Public Utility Commission of Texas rejects $16 billion ERCOT charge correction

Public Utility Commission of Texas rejects $16 billion ERCOT charge correction
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HOUSTON, Texas (KTRK) The state s regulator of electric utilities rejected a proposal to reverse $16 billion in power pricing during the week of the winter storm that caused power outages across the state.
Potomac Economics, the independent market monitor for the Public Utility Commission of Texas, which oversees ERCOT, wrote in a letter to the Public Utility Commission that ERCOT kept market prices for power too high for nearly two more days after widespread outages ended late Feb. 17. It should have reset the prices the following day.
PUC chairman Arthur D Andrea said the proposal would not accomplish what many people believed it would. ....

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Winter Storm 2021: What we know about Texas power outages Wednesday

HOUSTON, Texas (KTRK) When it comes to statewide power outages, Texans are desperate for answers about when they can expect electricity once again, and how we can prevent this in the future.
ABC13 Data Analyst Keaton Fox has been communicating with his source from a power plant about the Texas power grid status.
As of 9:00 a.m. Wednesday, there were 2.5 million Texans without power, and according to Center Point Energy, about 1.3 million of those people were in the Houston area.
However, later in the morning, the statewide number increased again to 3.5 million. So what happened?
In a press release Wednesday, ERCOT said 46,000 MW of power went offline this morning. Of those, 28,000 MW are thermal, coming from coal, natural gas and nuclear, and 18,000 MW come from wind and solar. ....

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