Join industry experts Michael Jewell and Chris Reeder to learn about the Performance Credit Mechanism (PCM), useful reference information and how you can participate in stakeholder involvement.

The Public Utility Commission of Texas (PUCT) adopted the Performance Credit Mechanism (PCM) electric market design option and a set of guiding principles for implementation to strengthen reliability, accountability, and affordability of the Electric Reliability Council of Texas (ERCOT) electric grid on January 19, 2023. The Commission has deferred implementation of all elements of the PCM until such time as the 88th Legislature has an opportunity to review the PCM and its guiding principles and provide guidance or direction based upon the market design option’s merits. Texans and other stakeholders will continue to provide input as plans for implementation are developed.

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https://event.on24.com/wcc/r/4125119/3AC2FE172B7D78C2DFBF98721377E843