Texas Lawmakers Ask Public Utility Commission to Put the Brakes on Power Market Redesign

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Epoch-Times-Bot

Dec 07, 2022, 09:05 AM
Texas Lawmakers Ask Public Utility Commission to Put the Brakes on Power Market Redesign

Texas lawmakers want to put the brakes on the overhaul of the state's power grid until the Legislature can review and evaluate the proposal.
In a bipartisan letter on Friday to the Public Utility Commission (PUC), state senators addressed concerns over the PUC's recently released report, titled “Assessment of Market Reform Options to Enhance Reliability of the ERCOT System.” The PUC regulates the state electricity market.
"It is not in the best interest of our constituents to support any proposal that further delays investments in new dispatchable generation, and the Commission should carefully consider the unintended consequences of any type of proposal that creates more uncertainty for market participants," said the letter signed by Republican state Sen. Charles Schwertner and the other eight members of the Senate Business & Commerce Committee....

Source: Texas Lawmakers Ask Public Utility Commission to Put the Brakes on Power Market Redesign

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