January 19, 2023      6:28 PM
Patrick vs Abbott proxy war: B&C Chair Schwertner blasts PUC vote on redesign of the Texas electricity grid
"To be clear: SB3 did not direct the PUC to replace the state's energy-only market with an unnecessarily complex, capacity-style design that puts the competitive market at risk without guaranteeing the delivery of new dispatchable generation," said Schwertner, presumably on behalf of Senate Boss Patrick
Following the unanimous
vote of the Public Utility Commission of Texas to adopt the
so-called "Performance Credit Mechanism" – aimed at the
first redesign of Texas' electric grid since 1995 – Senate Business and
Commerce Committee Chairman Charles Schwertner seemed ready to go
to war with Gov. Greg Abbott's appointees over it.
By Scott Braddock
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