With Great Power

The Texas battery boom

10 snips
Feb 18, 2025
Keith Collins, Vice President of Commercial Operations for ERCOT, dives into Texas's impressive shift from fossil fuels to renewable energy. He discusses how battery storage is key to managing the grid's surging demand, especially following past failures like Winter Storm Uri. The conversation reveals the intricate workings of ERCOT's deregulated market, the role of conservation, and innovations in battery technology. Collins also emphasizes the evolving energy mix in Texas and the importance of adaptability in this dynamic landscape.
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ANECDOTE

Unexpected Career Choice

  • Keith Collins surprised his friends by joining the Federal Electricity Regulatory Commission (FERC) in 2004.
  • They thought government work wasn't a good career move, but he was drawn to its role in shaping energy markets.
INSIGHT

ERCOT's Unique Market Design

  • ERCOT operates a unique energy-only market, relying on scarcity pricing to incentivize generation investment.
  • Unlike other markets using capacity markets, ERCOT's spot market signals drive resource additions for grid reliability.
INSIGHT

ERCOT's Distinct Approach

  • ERCOT's energy-only market makes it an outlier compared to other U.S. electricity markets.
  • Other markets typically incorporate capacity markets or similar constructs for resource adequacy.
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