Posted on · A report commissioned by the Public Utility Commission of Texas estimates that the performance credit mechanism could increase electricity costs on the state's grid by $460 million a year. Proponents of the credits say electric companies may eat some of that cost and not pass it on to consumers.
Posted on · The outline comes amid angst over whether Gov. Greg Abbott and lawmakers did enough to improve the statewide electric grid during the regular legislative session.
Posted on · The operator had urged electricity conservation earlier this week as several power generators unexpectedly went offline as temperatures rose this week.
Posted on · The Texas House and Senate both approved negotiated versions of Senate Bill 2 and Senate Bill 3, the two sweeping bills to change the state’s power grid and the people who oversee it.
Posted on · ERCOT doesn’t have the power to mandate major changes. That’s the job of the Public Utility Commission (PUC), which oversees ERCOT and regulates the grid, as well as the Railroad Commission, which regulates the natural gas sector. The Texas legislature oversees all of the organizations, and its efforts to mandate weatherization have stalled.
Posted on · The state’s grid operator warned of a possible energy emergency on the grid Tuesday. It said slightly warmer-than-expected weather was part of the problem, but it was really the fact that coal, gas and nuclear power were offline all at once.
Posted on · The grid operator issued an alert Tuesday, warning that electricity demand on the grid was close to surpassing supply.
Posted on · The majority of the deaths are associated with hypothermia, according to the Texas Department of State Health Services.
Posted on · Lt. Gov. Dan Patrick said the House "stood for big business" after Speaker Dade Phelan signaled skepticism about reversing billions of dollars in charges for wholesale electricity during last month’s winter storm.
Posted on · Senate Bill 2142, sponsored by state Sen. Bryan Hughes, R-Mineola, had not even been filed when the day started Monday, but lawmakers suspended their rules to hastily push it through the Senate.
Posted on · The Electric Reliability Council of Texas CEO Bill Magness was removed from his post Wednesday. He informed the organization he will not accept his $800,000 severance.
Posted on · Bill Magness is the latest official to depart following the winter storm catastrophe.
Posted on · Arthur D'Andrea replaces DeAnn Walker, who resigned earlier this week as chair of the Public Utility Commission. The governor appoints commissioners to lead the PUC, which oversees the state’s grid operator, the Electric Reliability Council of Texas.
Posted on · "Tragic does not even begin to describe" the suffering Texans endured, Abbott said Wednesday evening.
Posted on · A cascading series of events could have left Texas in the dark for weeks — if not more.