Texas’ risk of running short on electricity reserves over the next two years has risen dramatically in the past six months, as about 13,000 megawatts of planned new generation projects were either canceled or suspended, regulators told state lawmakers Thursday.
That surprised at least one member of the House State Affairs Committee, Rep. Rene Oliveira, D-Brownsville, as the panel investigated whether the state’s competitive electricity market can keep the lights on.
“I’m still a little stunned we couldn’t anticipate it,” Oliveira said. “I think what you are telling me is a ‘perfect storm of events’ that surprises me.”
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Is a policy analyst consultant for TCAP, a coalition of political subdivisions in Texas that purchase electricity in the deregulated market for their own governmental use. Because energy costs are typically a significant budget item to our members, TCAP is consistently looking for ways to save our members money, through cost-saving contracts, energy efficiency or demand response programs.