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Tuesday, April 20, 2021

🔒 ERCOT overcharged power companies $16 billion for electricity during winter freeze, firm says

by Erin Douglas, The Texas Tribune.

The Electric Reliability Council of Texas made a $16 billion error in pricing during the week of the winter storm that caused power outages across the state, according to a filing by its market monitor. Potomac Economics, the independent market monitor for the Public Utility Commission of Texas, which oversees ERCOT, wrote in a letter […]

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