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Texas regulator proposes power market overhaul after 2021 freeze

Texas regulator proposes power market overhaul after 2021 freeze

The Public Utility Commission of Texas (PUCT) on Thursday adopted a new market design for the state’s electric grid that will see power plants getting paid to be on standby, aimed at securing new generation capacity and increasing grid reliability. The market redesign is the latest of several efforts by Texas regulators to ensure reliability […]

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