Oct. 13 — In Texas’ deregulated market, the power companies rely on price spikes during hot summer days to help cover plant costs and earn profits. But the surge of electricity generated by natural gas plants, wind farms and, increasingly, solar panels has smoothed those spikes and slashed profits. Several merchant power companies have said they can no longer afford to invest in new power plants or maintain existing ones in Texas and called for the state to revamp its power market rules to allow them to benefit from higher prices.
You are here:
Home / News Roundup / Houston Chronicle: Vistra to shutter two more coal-fired plants
Subscribe To Our Newsletter
Each month, TCAP sends out an e-newsletter covering major events in Texas electricity and advances in public policy. Sign up for the newsletter and check out old newsletters to get caught up on Texas energy.