June 1 (Bloomberg) — Texas, the biggest electricity consumer in the U.S., faces a shortage of power to fuel its growing economy that may force the most extensive overhaul of the state’s competitive market since deregulation in 2002.
Texas utility commissioners and grid operators are studying whether to allow the nation’s highest peak wholesale power prices to triple, part of a bid to encourage power-plant construction and avoid blackouts as early as 2014.
Continue to the San Francisco Chronicle for the full article.
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.