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Texas city trade groups issue report critical of capacity market

Electric deregulation is creating reliability problems for Texas. There, legislators are now talking about more government intrusion in their deregulated market to build new power plants to ensure reliable electricity – because deregulation has failed to meet this need.

Texas city trade groups issue report critical of capacity market

“With a Texas Senate committee set next week to hold a public hearing on state regulatory activity to ensure reliable power supplies, two trade groups representing cities in the state on Nov. 19 issued a report that says pursuing a forward capacity market as backed by generators would mean higher electric bills for customers and thus consideration should be given to other solutions such as public-private power plant partnerships.”

(Read the full story here)

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