ERCOT CEO on 'ERCOT 4.0'
ERCOT
“The Texas grid is just always changing. I would say, in recent years, it’s getting meaningfully better in a lot of ways. I describe the Texas grid today using a new model that I’m calling ERCOT 4.0. 4.0 is where we are today, with a few significant characteristics. One is significant and accelerating renewable growth on the grid. Intermittent inverter-based resources are the fastest growing in the resource mix on the grid.”