The Texas Energy and Power Newsletter

The Texas Energy and Power Newsletter

PCM Likely to Be Shelved Tomorrow: Grid Roundup #36

Chair Gleeson files memo expressing his hope the PUC will officially move away from the capacity market construct known as PCM. DRRS will be the next front in the ongoing capacity market battles.

Texas Energy & Power Media
Dec 18, 2024
∙ Paid

In this issue:

  • Chairman Gleeson ready to move on from Performance Credit Mechanism (PCM);

  • Dispatchable Reliability Reserve Service (DRRS) likely to be designed initially as an operational reserve but could become a capacity market construct in future years;

  • PUC staff says there is no link between increased renewables and increase in operational reserves (ancillary services).

I’ll host a live chat tomorrow at 10 a.m. during the PUC meeting and a subscriber-only presentation on Friday, December 20 at 11 a.m. If you aren’t yet a paid subscriber, please become one today and access those events plus the full archives and other subscriber-only content.

User's avatar

Continue reading this post for free, courtesy of Texas Energy & Power Media.

Or purchase a paid subscription.
© 2026 Texas Energy and Power Newsletter · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture