Texas lawmakers spar over electricity market redesign

By: James Osborne |

In a hearing before the Senate’s Natural Resources Committee Monday Texas Public Utility Commission Chairman Donna Nelson took tough questioning on her agency’s authority to restructure the state’s electricity market.

The question of whether to modify the market structure to get power companies building again has become a controversial one in Austin, […]

2015-05-07T15:43:59-05:00November 26th, 2013|Texas Market|

On Market Decision, Lawmakers Question PUC’s Authority

A bipartisan panel of state lawmakers grilled the Texas Public Utility Commission on Monday, raising hard-edged questions about the agency’s authority to overhaul Texas’ wholesale electricity market in hopes of ensuring the long-term reliability of the state’s electric grid — a move that would send billions more dollars each year to electricity providers.

In a highly […]

2015-05-07T15:37:25-05:00November 26th, 2013|Texas Market|

Texas senators question electricity pricing plan

By: Houston Chronicle |

The Texas Senate’s Natural Resources Committee has called the Public Utility Commission to talk about the pricing of electricity.

Committee Chairman Troy Fraser called commissioners to testify Monday in Austin amid reports it could change the wholesale electricity market.

Commissioners have long debated how to make sure Texas has enough electricity. Demand […]

2015-05-07T15:44:20-05:00November 25th, 2013|Texas Market|

Market Summary: 18 Nov – 22 Nov 2013

The following is a summary of last week’s market activity and the market outlook:

  • Natural gas prices continued to rally on Friday, as the December 2013 contract pushed to a 5-week high. The Prompt Month finished the day up 6.6 cents to settle the week at $3.768/MMBtu. In total, natural gas gained 11 cents or 3% […]
2015-05-07T15:37:25-05:00November 25th, 2013|Market Watch|

Pressure Mounts Against Corporate Welfare for Texas Electric Industry

By  Brantley Hargrove |

Governor Rick Perry’s newest appointee may have broken the deadlock at the Public Utility Commission of Texas, but rigging the electricity marketplace to benefit large generators won’t happen without drawing blood.
At a PUC meeting late last month, Commissioners Donna Nelson and Brandy Marty each signaled their intention to set a mandatory […]

2015-05-07T15:37:25-05:00November 25th, 2013|Texas Market|