Texas energy Archives - Marketplace

What might new leadership at ERCOT mean for the troubled Texas power grid?

by Andy Uhler

Aug 16, 2022

The Electric Reliability Council of Texas' new CEO has experience working under a different power pricing model — a capacity market.

Texas operates an energy-only electricity market, which means energy producers only get paid when they generate, and there’s usually not a lot of electricity on standby.

Spencer Platt/Getty Images

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