Texas Grid Roundup #3, January 29, 2024

How much is avoiding a power outage worth to you? The PUC and ERCOT will soon release a public survey to find out.

This Thursday, the PUC will meet for the first time with new Chair Thomas Gleeson. I’ll have a paid subscriber chat from 10:00-11:30 on February 1. Feel free to join for any part or all of it. Remember subscribers can also access the full archives, subscriber-only podcasts including the most recent one with former Independent Market Monitor Beth Garza, and these periodic Grid Roundups. 

Below are updates on ERCOT and the PUC’s survey of the general public to determine how much avoiding outages of various lengths is worth to us; an attempt by retail electric providers (REPs) to pass the costs of the new $1 billion ancillary service (ECRS) to consumers; an important February meeting on energy efficiency; and some interesting comments from ERCOT CEO Pablo Vegas to the media.

Check it all out below.