On April 23, 2021, the Electric Reliability Council of Texas (ERCOT) issued a Market Notice that estimated the cumulative aggregate short pay amount due to Storm Uri at $2,992,497,089.61....more
On March 8, 2021, Commissioner Shelly Botkin resigned immediately from the Public Utility Commission of Texas (PUCT), leaving the PUCT with only one sitting commissioner. Somewhat unusually, under Texas’ Public Utility...more
3/15/2021
/ Electricity Costs ,
Energy Policy ,
Oil & Gas ,
Power Infrastructure ,
Power Outages ,
Price Gouging ,
Public Utilities Commission ,
Public Utility ,
Resignation ,
Severe Weather ,
State and Local Government
On March 1, 2021, Potomac Economics, the Independent Market Monitor (IMM) for the Electric Reliability Council of Texas (ERCOT), filed a report with the Public Utility Commission of Texas (PUCT) that certain payments were...more
3/9/2021
/ Ancillary Agreements ,
Clawbacks ,
Electricity Costs ,
Energy Policy ,
Oil & Gas ,
Power Infrastructure ,
Price Gouging ,
Public Utilities Commission ,
Public Utility ,
Severe Weather ,
State and Local Government
In the now obviously challenged Electric Reliability Council of Texas (ERCOT) power market, a strange dance recently occurred. On February 21, 2021, the Public Utility Commission of Texas (PUCT), which oversees ERCOT, issued...more
In the now obviously challenged Electric Reliability Council of Texas (ERCOT) power market, a strange dance recently occurred. On February 21, 2021, the Public Utility Commission of Texas (PUCT), which oversees ERCOT, issued...more
Over 1,000 firms have made either indicative or concrete pledges to align their greenhouse gas emissions with the Paris Agreement—which means reducing emissions to zero by 2050....more
2/1/2021
/ Carbon Capture and Sequestration ,
Carbon Emissions ,
Climate Change ,
Environmental Policies ,
Greenhouse Gas Emissions ,
Infrastructure ,
Oil & Gas ,
Paris Agreement ,
Real Estate Development ,
Regulatory Reform ,
Urban Planning & Development
On October 31, 2018, the US Securities and Exchange Commission (“SEC” or “Commission”) issued a final rule (Final Rule) to modernize required property disclosures for mining registrants. ...more