A U.S. bankruptcy judge told Texas power giant Energy Future Holdings on Wednesday that it can move ahead on auctioning off its transmission arm, Oncor.
Judge Christopher Sontchi set the deadline for opening bids for March 2. The process is expected to stretch through the summer and attract some of the largest players in the Texas power industry.
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Is a policy analyst for TCAP, a coalition of cities and other political subdivisions that purchase electricity in the deregulated market for their own governmental use. Because high energy costs can impact municipal budgets and the ability to fund essential services, TCAP, as part of its mission, actively promotes affordable energy policies. High energy prices also place a burden on local businesses and home consumers.