The Public Utility Commission of Texas has been exploring changes to price formation in ERCOT’s market. What would the impacts to customers be for the proposed changes that include real time co-optimization of energy and ancillary services, marginal losses, and locational reserves? What advantages could ERCOT’s unique “energy only” market, with an Operating Reserves Demand Curve for resource adequacy, bring for customers? Will alignment with other successful market features pave the way for new opportunities?
The entire wind industry has been focused on the potential (and actual) impacts of tax law change on the tax equity market since President Trump was elected. By January, we should know whether that tree actually bore fruit by year-end. Regardless, sponsors have addressed the potential for changes in various ways.
According to CPUC’s estimates, 85% of electricity load from the IOUs will be served by other sources such as Community Choice Aggregators and rooftop solar by the mid-2020s. CCAs have an ambitious vision of procuring power for their customers from new, locally-sited solar, wind, geothermal and other renewable resources in order to boost job creation, support local economies, reduce GHG emissions and fight climate change.