Most ERCOT market participants have come to grips with the fact that “9-ish percent” reserve margins are likely “the new normal” in Texas’ energy-only market. Market reliability has been the story of the last 25 years in Texas.
ERCOT Market Adjusting to ‘The New Normal”
Jan 1, 2020 | Press
TCPA is a non-profit trade association representing power generators, wholesale power marketers, and retail providers with investments in Texas and the ERCOT wholesale and retail electric markets. TCPA members provide approximately 60% of the total net operable electric generating capacity in ERCOT, representing billions of dollars of investment in the state and employing thousands of Texans.