ERCOT cancels incentive plan intended to help shore up power due to lack of interest

The state's power grid manager, ERCOT, announced Friday that it has canceled a program that would pay the owners of unused power plants to fire back up if power demand outstripped supply.

ERCOT said there were basically no takers, with barely enough to operate just a few thousand homes if they were called upon to help.


Battery operators criticize ERCOT's proposed new policy to regulate the industry

Battery operators say ERCOT's proposed new policy will prevent batteries from being able to be deployed when they are needed.

ERCOT had hoped to secure enough extra energy to power hundreds of thousands of homes if conditions got tight this winter.