HB 4492 includes within its 27 pages detailed language that pertain to the recovery of extraordinary energy-related costs falling broadly into two categories — the “default balance” costs and the “uplift balance” costs. ________________________________________________...
Changing the “ancillary services” market should be part of discussions for a “reliability first” approach to managing the state power grid, according to OCSC. ________________________________________________ A number of important energy market adjustments —...
Power sector weatherization is required under new omnibus legislation adopted in response to February’s statewide outages. ________________________________________________ Although still incomplete, legislatively mandated weatherization rules for Texas generators and...
Question of Correcting Wholesale Electricity Prices Divides Texas House and Senate. ________________________________________________ The February 15–19 ice storm that left more than 4 million Texans without power continues to roil the political waters in Austin....
USA Today: ‘An electrical island’: Texas has dodged federal regulation for years by having its own power grid Feb. 17 — The grid has been thrust into the national spotlight as extreme energy demand and overloaded frozen utility plants contributed to...
Texas was roiled by similar rolling outages almost 10 years ago exactly. Then, as now, a punishing cold snap caused electricity use to spike even as several plants went off line. ________________________________________________ What happened and why? This week’s...