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Public Utility Commission could take action to redesign Texas electricity market

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On Thursday, the Public Utility Commission is expected to discuss and possibly take action on a plan to redesign Texas' electricity market.

After the deadly winter storm of 2021, ERCOT made changes to prevent a future power grid crisis, including: Scheduled maintenance periods"Last summer we set 11 all time power generation records and last month we weathered brutally freezing temperatures across the state all without any disruptions to the grid," Governor Greg Abbott said on Wednesday.

He says improved enforcement of weatherization standards, incentives for thermal power plant development and enhanced demand-response programs would help.

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Public Utility Commission, power developers mull changes to Texas electric market design - Dallas Business JournalAs the Public Utility Commission weights options for redesigning the Texas power market, power plant generators say a new design is needed to incentivize building new projects within the state.
Source: DallasBizNews - 🏆 525. / 51 Read more »