• Wholesale Electric Power Transactions in Restructured ERCOT
  • November 20, 2006 | Author: Diana M. Liebmann
  • Law Firm: Haynes and Boone, LLP - San Antonio Office
  • The power markets in the Electric Reliability Council of Texas ("ERCOT") are undergoing substantial change. Wholesale power transactions, whether occurring in the bid-based or bilateral markets, will have to reflect those changes and assign the risks accordingly. This article highlights the key changes impacting wholesale power transactions as well as discussing several of the risks associated with recent market developments.