In the aftermath of Winter Storm Uri, the Texas Legislature passed Senate Bill 3, which, among other things, required the Public Utility Commission of Texas (“the Commission”) to adopt certain market-related rules. A key...more
While snow in Texas may be a photo-worthy diversion, the freezing temperatures experienced by the state in February caused power systems to crash while demand was at its peak. Problems cut across all sectors, from fossil...more
Texas has proven that a commitment to market solutions and diverse electrical infrastructure can be a recipe for success. Under the restructuring of the power market and initiatives like the competitive renewable energy zone,...more