Dive Summary:
- The Public Utility Commission of Texas may still make changes to the state's power market to in encourage new generation projects, but it may be fall before a decision is made.
- Regulators raised the price cap for wholesale electricity in 2012 with new generation in mind, but some worry that extreme heat this summer could lead to blackouts if capacity isn't availability.
- Additional financial incentives are being considered as an option.
From the article:
"... 'We’re moving forward on a lot of fronts right now,' Public Utility Commission of Texas Chairman Donna Nelson said at the IHS CERAWeek conference in Houston today. 'By the fall of this year I would expect we’d have all the information where we could make a decision on the big questions.' ..."
