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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. Not registered? 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. ....
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. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now 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. ....
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.
The Texas Public Utility Commission’s Revolving Door Between Industry and Regulator The state’s utility regulator drew intense scrutiny from legislators last week for failing to regulate the electric industry ahead of the February blackouts. Many of its top staffers have worked for the power companies it oversees. The Texas Public Utility Commission has been under fire from lawmakers for failing to exert its regulatory authority ahead of the blackouts this February. BFS Man/Flickr The state’s utility regulator drew intense scrutiny from legislators last week for failing to regulate the electric industry ahead of the February blackouts. Many of its top staffers have worked for the power companies it oversees. ....
PUC Promotes Corona To Deputy Executive Director The Public Utility Commission of Texas today announced that agency veteran Connie Corona has been named Deputy Executive Director. During her tenure as the PUCT’s Chief Program Officer starting in 2019, Corona guided the Market Analysis, Customer Protection, Infrastructure, Rate Regulation Divisions, and Legal divisions. “Connie is a walking encyclopedia of industry knowledge who makes everyone around her more focused, productive and effective,” said Executive Director, Thomas Gleeson. “We are truly fortunate to have her in such a critical role on our team.” During her tenure as CPO, the agency centralized its rulemaking efforts, integrated enforcement activities into the Legal division, and produced the agency’s inaugural report to the Legislature on water and sewer utilities in concert with its biennial submission on the scope of competition in the electric and telecommunications markets. Corona also led th ....