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Executive Summary The first independent board members of the post Uri era, Paul Foster and Carlos Aguilar, were announced last night and took their seats at this morning’s board meeting. The only thing of substance that they did was to approve amendments to ERCOTs bylaws to conform to Senate Bill 2. A more substantive board…
Executive Summary This was the first ERCOT Board meeting in the new ERCOT Austin offices, and while most of the meeting was the level of rubber stamping one has come to expect from an ERCOT board meeting, there were a couple of big surprises. First, (PUC) Chairman Lake told ERCOT to begin implementing NPRR1108(ERCOT to…
Executive Summary The new ERCOT Board of Directors met for the first meeting with the whole group. Most of the meeting was held in executive session, with only four topics discussed in the general (open to the public) session. Of the topics discussed in the general session, the most interesting one for stakeholders was corporate…
The Gist Every year ERCOT looks at historical data to determine how much Ancillary Services (reserves, or ‘AS’) it needs to procure over the coming year. Currently it does this for four reserves; Regulation Up (REGUP) , Regulation Down (REGDN) , Non-Spinning Reserves (NSRS, or NonSpin), and Responsive Reserves (RRS). The current (as of 1/1/2022) …
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