Energy market reforms in ERCOT -- A Power Markets Today webinar

ROCKVILLE, Md. - Dec. 11, 2017 - PRLog -- The Public Utility Commission of Texas (PUCT), Electric Reliability Council of Texas (ERCOT) and stakeholders have been weighing changes to aspects of the energy-only market for some time, but recently the issue has taken on a new urgency with the retirement of some major coal plants owned by Luminant. The retirements represent more than 4,000 MW of capacity and have significantly cut into the reserve margins in the next few years.

ERCOT is dealing with many of the same issues as the rest of the country – namely cheap natural gas and the rise of renewables. One significant difference is that the Texas market is still seeing comparatively healthy load growth, which means it is essential to continue building out new power plants to meet that.

The PUCT has a proceeding open considering changes to the operating reserves demand curve, pricing marginal losses and other tweaks to the energy-only market.

Join Power Markets Today for a webinar to be held on Wednesday, December 13, 2017, from 2-3:30 PM Eastern US time to get a high-level, comprehensive and balanced view of where energy market reforms in ERCOT are heading. Call +1-301-769-6812 (1-888-637-7776 toll-free in the US and Canada) or visit http://www.powermarketstoday.com/ERCOT to register.

Key learning points:

* Hear from different sides of the stakeholder debate on ERCOT's market changes.

* Get a sense of how the planned coal plant retirements are impacting reforms.

* Learn what is driving the effort to update the market for the first time in several years.

* Hear about how the recent retirements are going to impact the market going forward.

* Learn what impact any reforms would have on ERCOT's market.

* Hear what has been driving the move to reform the market.

Distinguished panel:

* Amanda Frazier, vice president of regulatory policy, Vistra Energy

* Beth Garza, director, ERCOT Independent Market Monitor

* William Hogan, Raymond Plank professor of global energy policy, Harvard Kennedy School

* Kenan Ögelman, vice president of commercial operations, Electric Reliability Council of Texas (ERCOT)

ABOUT POWER MARKETS TODAY

Power Markets Today's mission is to deliver exclusive news chronicling ongoing efforts to build competitive wholesale and retail energy markets with in-depth analysis on why some fail and others succeed. Power Markets Today is published 245 times a year by Modern Markets Intelligence Inc. (MMI). For a 14-day, risk-free trial, visit https://www.powermarketstoday.com/public/14day-Free-Trial.... To register or download the recording of this event, call +1-301-769-6812 (1-888-637-7776 toll-free in the US and Canada) or visit http://www.powermarketstoday.com/ERCOT.

CONTACTS

James Downing
Editor, Power Markets Today
Modern Markets Intelligence Inc.
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Modern Markets Intelligence Inc.
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