ERCOT
The Electric Reliability Council of Texas, Inc. (ERCOT) is an American organization that operates Texas's electrical grid, the Texas Interconnection, which supplies power to more than 25 million Texas customers and represents 90 percent of the state's electric load. ERCOT is the first independent system operator (ISO) in the United States. ERCOT works with the Texas Reliability Entity (TRE), one of six regional entities within the North American Electric Reliability Corporation (NERC) that coordinate to improve reliability of the bulk power grid. As the ISO for the region, ERCOT dispatches power on an electric grid that connects more than 46,500 miles of transmission lines and more than 610 generation units. ERCOT also performs financial settlements for the competitive wholesale bulk-power market and administers retail switching for 7 million premises in competitive choice areas. According to an ERCOT report, the major sources of generating capacity in Texas in 2020 were natur ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Texas Interconnection
The Texas Interconnection is an alternating current (AC) power grid – a wide area synchronous grid – that covers most of the state of Texas. The grid is managed by the Electric Reliability Council of Texas (ERCOT). The Texas Interconnection is one of the three minor grids in the North American power transmission grid. The other two minor interconnections are the Quebec Interconnection and the Alaska Interconnection. The two major interconnections are the Eastern Interconnection and the Western Interconnection. The Texas Interconnection is maintained as a separate grid for political, rather than technical reasons, but can draw some power from other grids using direct current ''DC ties''. By not crossing state lines, the synchronous power grid is in most respects not subject to federal ( Federal Energy Regulatory Commission) regulation. All of the electric utilities in the Texas Interconnection are electrically tied together during normal system conditions a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Griddy (company)
Griddy was an American power retailer that formerly sold energy to people in the state of Texas at wholesale prices for a $9.99 monthly membership fee and had approximately 29,000 members. The company itself was based in California. History Griddy LLC was incorporated in 2016 in Delaware, but physically located in Playa Vista, California. Some investment was taken from EDF Trading in 2019. In December 2020, new leadership was appointed. Michael Fallquist (Chief Executive Officer), Christian McArthur (Chief Operating Officer) and Roop Bhullar (Chief Financial Officer) were appointed and an agreement with Macquarie Energy was entered into. All three new appointments had previously worked at Crius Energy (acquired by TXU Energy in 2019). 2021 Texas power crisis During the February 2021 Texas power crisis, some Griddy customers who signed up for the wholesale variable rate plans allowed by the Texas deregulated electricity market found themselves facing bills of over $5,00 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Regional Transmission Organization
A regional transmission organization (RTO) in the United States is an electric power transmission system operator (TSO) that coordinates, controls, and monitors a multi-state electric grid. The transfer of electricity between states is considered interstate commerce, and electric grids spanning multiple states are therefore regulated by the Federal Energy Regulatory Commission (FERC). The voluntary creation of RTOs was initiated by FERC in December 1999. The purpose of the RTO is to promote economic efficiency, reliability, and non-discriminatory practices while reducing government oversight. Definition A regional transmission organization (RTO) in the United States is an electric power transmission system operator (TSO) that coordinates, controls, and monitors a multi-state electric grid. The transfer of electricity between states is considered interstate commerce, and electric grids spanning multiple states are therefore regulated by the Federal Energy Regulatory Commission ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bill Flores
William Hose Flores Sr. (; born February 25, 1954) is an American businessman, the Vice Chair of the Electric Reliability Council of Texas (ERCOT), as well as the interim Chair of ERCOT. From 2011 to 2021, he was the U.S. representative for . Flores chose not to seek re-election in 2020 after five terms in office. He was succeeded by Pete Sessions, the former U.S. representative for . Flores is a member of the Republican Party and the former chief executive officer of Phoenix Exploration Company, an oil and natural gas company. Early life and education Flores was born in Cheyenne, Wyoming, at the F.E. Warren Air Force Base, where his father was serving in the military. He is the son of Ruth Ann Theresa (''née'' Kennedy) and Joe Pete Flores. He grew up in Stratford in the Texas Panhandle. His paternal ancestors left Spain and settled in what is now Texas in 1725. Of his heritage, Flores has said, "My family came from Spain in 1725, and if people want to consider me Hispanic ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Texas Reliability Entity
The Texas Reliability Entity (Texas RE) is one of the six Regional Entities under North American Electric Reliability Corporation (NERC) authority. Each Regional Entity is tasked with compliance, monitoring, and enforcement on the behalf of NERC to ensure bulk power system reliability. Texas RE was formed on January 1, 2010 to succeed Texas Regional Entity as the Regional Entity for the Electric Reliability Council of Texas (ERCOT). ERCOT is located in Texas, covering 75% of the state's land area and 90% of its electric load, making it the only Regional Entity that serves both a single interconnection (the Texas Interconnection) and a single state. Users, owners, and operators within ERCOT are eligible for membership in Texas RE at no cost. Members are categorized in one of seven membership Sectors: Cooperative Utility, Generation, Load-Serving, Marketing, Municipal Utility, System Coordination and Planning, and Transmission and Distribution. As of May 2019, Fred N. Day, IV serv ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Deregulation Of The Texas Electricity Market
The Texas electricity market is deregulated, meaning that there is competition in the generation and distribution of electricity. Power generators in the Texas Interconnection, managed by the Electric Reliability Council of Texas, participate in an energy-only electricity market and are compensated only for the electricity they produce. The wholesale generation market was deregulated in 1995 and the distribution market in 1999, with Texas Senate Bill 7. This replaced the prior system in which power was generated and consumed locally by the same utility with one in which retail providers contracted with generators across the state.Dylan BaddourTexas' deregulated electricity market, explained ''Houston Chronicle'' (June 8, 2016). As a result, 85% of Texas power consumers (those served by a company not owned by a municipality or a utility cooperative) could choose their electricity service from a variety of retail electric providers (REPs), including the incumbent utility. The incum ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Texas Power Crisis
Texas ( , ; or ) is the most populous state in the South Central region of the United States. It borders Louisiana to the east, Arkansas to the northeast, Oklahoma to the north, New Mexico to the west, and has an international border with the Mexican states of Chihuahua, Coahuila, Nuevo León, and Tamaulipas to the south and southwest. Texas has a coastline on the Gulf of Mexico to the southeast. Covering and with over 31 million residents as of 2024, it is the second-largest state by area and population. Texas is nicknamed the ''Lone Star State'' for its former status as the independent Republic of Texas. Spain was the first European country to claim and control Texas. Following a short-lived colony controlled by France, Mexico controlled the land until 1836 when Texas won its independence, becoming the Republic of Texas. In 1845, Texas joined the United States of America as the 28th state. The state's annexation set off a chain of events that led to the Mexican� ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Texas
Texas ( , ; or ) is the most populous U.S. state, state in the South Central United States, South Central region of the United States. It borders Louisiana to the east, Arkansas to the northeast, Oklahoma to the north, New Mexico to the west, and has Mexico-United States border, an international border with the Mexican states of Chihuahua (state), Chihuahua, Coahuila, Nuevo León, and Tamaulipas to the south and southwest. Texas has Texas Gulf Coast, a coastline on the Gulf of Mexico to the southeast. Covering and with over 31 million residents as of 2024, it is the second-largest state List of U.S. states and territories by area, by area and List of U.S. states and territories by population, population. Texas is nicknamed the ''Lone Star State'' for its former status as the independent Republic of Texas. Spain was the first European country to Spanish Texas, claim and control Texas. Following French colonization of Texas, a short-lived colony controlled by France, Mexico ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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2011 Groundhog Day Blizzard
The 2011 Groundhog Day blizzard was a powerful and historic winter storm that affected large swaths of the United States and Canada from January 31 to February 2, 2011, especially on Groundhog Day. During the initial stages of the storm, some meteorologists predicted that the system would affect over 100 million people in the United States. The storm brought cold air, heavy snowfall, blowing snow, and mixed precipitation on a path from New Mexico and northern Texas to New England and Eastern Canada. The Chicago area saw of snow and blizzard conditions, with winds of over . With such continuous winds, the blizzard continued to the north and affected Eastern and Atlantic Canada. Blizzard conditions affected many other large cities along the storm's path, including Tulsa, Oklahoma City, Kansas City, St. Louis, Springfield, El Paso, Las Cruces, Des Moines, Milwaukee, Detroit, Indianapolis, Dayton, Cleveland, New York City, New York's Capital District, and Boston. Many other areas ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Austin, Texas
Austin ( ) is the List of capitals in the United States, capital city of the U.S. state of Texas. It is the county seat and most populous city of Travis County, Texas, Travis County, with portions extending into Hays County, Texas, Hays and Williamson County, Texas, Williamson counties. Incorporated on December 27, 1839, it is the Metropolitan statistical area, 26th-largest metropolitan area in the United States, the List of United States cities by population, 13th-most populous city in the United States, the List of cities in Texas by population, fifth-most populous city in the state after Houston, San Antonio, Dallas, and Fort Worth, and the second-most populous state capital city after Phoenix, Arizona. It has been one of the fastest growing large cities in the United States since 2010. Downtown Austin and Downtown San Antonio are approximately apart, and both fall along the Interstate 35 in Texas, I-35 corridor. This combined metropolitan region of San Antonio–Austin met ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Texas Tribune
''The Texas Tribune'' is a nonprofit politics and public policy news website headquartered in Austin, Texas, United States. Its stated aim is to promote civic engagement through original, explanatory journalism and public events. ''The Texas Tribune'', like the '' Voice of San Diego'' and ''MinnPost'' before it, is part of a trend toward web-based, non-profit journalism. In addition to journalism published on its news website, the ''Tribune'' permits content re-publication both online and in print. ''The Texas Tribune'' hosts various events and conferences including the Texas Tribune Festival, which attracts national journalists and politicians for interviews and forums. History The foundation was created in 2009 by venture capitalist John Thornton and veteran journalists Evan Smith and Ross Ramsey. The idea for the organization originated with Thornton, who spent much of 2008 and 2009 promoting public interest in the concept of journalism as a public good. Thornton wrote, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |