Public Utility Commission of Texas Unanimously Adopts Performance Credit Mechanism Reliability Service
January 20, 2023
January 20, 2023
AUSTIN, Texas, Jan. 20 -- The Public Utility Commission of Texas issued the following news release on Jan. 19, 2023:
The Public Utility Commission of Texas (PUCT) today voted unanimously to adopt the Performance Credit Mechanism (PCM) electric market design option and a set of guiding principles for implementation to strengthen reliability, accountability, and affordability of the Electric Reliability Council of Texas (ERCOT) electric grid. The ERCOT grid serves more than 26 million . . .
The Public Utility Commission of Texas (PUCT) today voted unanimously to adopt the Performance Credit Mechanism (PCM) electric market design option and a set of guiding principles for implementation to strengthen reliability, accountability, and affordability of the Electric Reliability Council of Texas (ERCOT) electric grid. The ERCOT grid serves more than 26 million . . .