ERCOT Scraps Winter Power Reserve Program

TL;DR Summary
ERCOT has canceled a program aimed at increasing power reserves ahead of winter due to limited responses from energy companies. The program was introduced as a precautionary measure to mitigate risks during extreme weather conditions. Despite the cancellation, ERCOT believes there is potential for expanding grid demand response through industrial, commercial, and residential entities and will work with the Public Utility Commission of Texas to explore incentives and product designs. ERCOT has made improvements to the grid since the 2021 winter storm, including weatherization inspections and additional ancillary services.
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