CSHB 2908 requires the Public Utility Commission of Texas to study the distortion in electricity pricing in the ERCOT (Electric Reliability Council of Texas) power region caused by the federal Production Tax Credit (PTC) and report its findings to the Texas Legislature.
Energy & Environment
Buckle up for summer blackouts: Wind is already failing Texas in spring
It’s been all quiet on the electric grid front for a few months — but don’t get your hopes up. Over the last month, electricity prices came near the $5000/MWh regulatory cap three separate times because the wind wasn’t blowing enough when the sun went down. If this sounds familiar, you’re not wrong. You may hear...
May 10, 2024