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Public Utility Commission of Texas names Corona interim executive director

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin. ....

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Winter storm bills still pending in Texas Legislature; regulators await action

Houston
Texas lawmakers had on May 7 more than 30 bills pending, designed to address the deadly mid-February winter storm that left about 4 million customers without electricity for various periods across four days, and state regulators are awaiting lawmakers decisions before advancing eight storm-related projects.
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Most of the bills pending in the Texas Legislature can be placed in eight categories:
Six bills provide some form of securitization i.e., bond issuance for the financial impact on electric or gas customers or suppliers.
Six bills require the establishment of emergency reserve power generation capacity.
Four focus on weatherization of electric and gas facilities, but one of the securitization bills also funds weatherization. ....

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Texas regulator to revise ERCOT scarcity pricing to avoid 'absurd results'

Houston
The Public Utility Commission of Texas on April 7 initiated a revision to the Electric Reliability Council of Texas scarcity pricing rule to ensure that a circuit breaker change in the systemwide offer cap, designed avoid harming consumers, does not create what the chairman called absurd results.
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At issue is the switch from ERCOT s $9,000/MWh High Systemwide Offer Cap, or HCAP, to the Low Systemwide Offer Cap, known as LCAP, which is the higher of either $2,000/MWh or 50 times a fuel index price chosen by the grid operator. ERCOT has set that FIP as the spot natural gas price at the Katy Hub, as determined by Argus. ....

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The Texas Public Utility Commission's revolving door between industry and regulator

The Texas Public Utility Commission's revolving door between industry and regulator
sacurrent.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sacurrent.com Daily Mail and Mail on Sunday newspapers.

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