As an energy-only market, ERCOT’s market rules are designed to ensure resource adequacy primarily through price signals. In this session, ERCOT stakeholders will first discuss recent successes and challenges maintaining reserve margins in an energy-only market and then move into a forward-looking discussion about potential market or policy changes that may promote resource adequacy in the next decade. Panelists will address questions such as, does current market design adequately incentivize investment? Which fuels and technologies will be used to maintain reserve margins in the next ten years, and what are the associated challenges?

David Spence, Baker Botts Chair in Law, UT Austin (Moderator)
Connie Corona, Division Director of Competitive Markets, Texas Public Utility Commission
Bob Helton, Director of Government & Regulatory Affairs for Engie North America
John Dumas, Vice President of Market Operations, Lower Colorado River Authority
Michele Gregg, Executive Director, Texas Competitive Power Advocates