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.

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