The Texas Energy-Only Resource Adequacy Mechanism

Journal Article · Fri Dec 15 00:00:00 EST 2006 · Electricity Journal

DOI:https://doi.org/10.1016/J.TEJ.2006.11.003· OSTI ID:20829605

Schubert, Eric S; Hurlbut, David; Adib, Parviz; Oren, Shmuel

On Sept. 13, 2006, the Public Utility Commission of Texas put into effect a new Resource Adequacy and Market Power Rule which establishes an Energy-Only resource adequacy mechanism in the ERCOT electricity market, relaxes the $1,000 per MWh offer cap, and replaced existing market mitigation procedures with more market transparency and prompt information disclosure. The authors describe the motivation and rationale underlying the new rule, its development process, and its implementation details. (author)

• OSTI ID: 20829605
• Journal Information: Electricity Journal, Vol. 19, Issue 10; Other Information: Elsevier Ltd. All rights reserved; ISSN 1040-6190
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING
POLICY AND ECONOMY
TEXAS
STATE GOVERNMENT
REGULATIONS
MARKET
ELECTRIC UTILITIES
PUBLIC INFORMATION
INFORMATION DISSEMINATION