The Texas Public Utilities Commission on Thursday appeared to lean on a so-called performance credit model to overhaul the state’s electricity market, removing four others
Proposals the Commission has been reviewing for months
and pave the way for sweeping changes to the Texas energy system.
The legislature in this session will ultimately decide how to modify the Texas Reliability Board’s power grid to avoid the kind of blackouts seen during
that plunged millions into pitch darkness for days. Lieutenant Governor Dan Patrick has said that spurring the construction of new natural gas power plants is among his top legislative priorities.