YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Electric Reliability Council of Texas, the state's power grid operator, is being accused of making a $16 billion pricing error during the week of the winter storm.
A Reuters report indicates ERCOT kept market prices for electricity too high for more than a day after widespread outages ended.
Potomac Economics, the independent market monitor for the Public Utility Commission of Texas, which oversees ERCOT, disclosed the error in a filing.
Read more from Reuters.
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