Overview
On February 15, McDermott partner, Rob Lamkin, will be moderating the panel “Potential for New Dispatchable Generation” at the ERCOT Market Summit.
One of the prime concerns in the energy transition in ERCOT is the future availability of dispatchable generation assets to provide firming and system inertia. SB 2627 establishes the Texas Energy Fund, a $7.2 billion low-interest loan program and grant program for dispatchable generation, but its impacts remain uncertain. With an aging thermal fleet ill-suited to respond to frequent ramps, and the price signals needed to make peakers and other fast-responding generators financeable lacking, how will the market move forward?
This panel will explore the impacts of new incentives and the potential loan program on the development of assets to meet system balancing needs.
- What impacts will loan guarantees have on development of new dispatchable assets?
- Beyond traditional central generation, what other types of distributed dispatchable assets could fill these roles?
- Could storage qualify for dispatchable asset incentives?
- Could real-time co-optimization minimize the need for more generation?
- What is the marginal cost of adding last mile batteries vs peakers?
- Will a mechanism to discount the returns to renewables or penalize them create the right market signals to drive development of dispatchable generation or storage?
For more information or to register, please click here.