Electric Reliability Council of Texas stakeholders voiced concern Thursday about a proposed rule that would require gas-fired generators to provide detailed information about the status and potential problems with their feedgas pipelines. Ultimately, consideration of the proposal was postponed allowing formal comments to be filed. Michele Gregg, Texas Competitive Power Advocates executive director, said her gas-fired generation members usually have long-term agreements with pipeline operators that forbid disclosure of certain types of confidential information, which may include some of the information described in NPRR 997.
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.
As temperatures climbed into the triple digits this summer, big commercial and industrial companies shut down production lines, sent employees home and fired up backup generators. These moves, however, weren’t made to avoid the temporary spikes that sent wholesale electricity prices soaring to the maximum $9,000 per megawatt hour, but rather to cut their transmission costs throughout the year — and ultimately shift them to consumers and small businesses.