Phase 2 Bridging Options
On January 19, 2023, the Public Utility Commission of Texas (PUCT ) issued an Order under PUC Docket No. 53298 directing ERCOT “to evaluate bridging options to retain existing assets and build new dispatchable generation until the [Performance Credit Mechanism (PCM)] can be fully implemented”. Additionally, the Order directed PUCT staff and ERCOT “to delay implementation of the PCM until such time as the 88th Legislature has had an opportunity to render judgment on the merits of the PCM and/or establish an alternate solution”. This section is intended to accommodate and track discussions on the bridging options being considered by ERCOT staff, including associated meetings and comments filed by interested parties to ERCOT for consideration in developing a proposal for the ERCOT Board and PUCT.