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Regulators at the Public Utility Commission of Texas may take steps toward overhauling how electricity is bought and sold in the state on Thursday. Consumer advocates and energy experts fear the changes could increase electric bills without improving the grid.
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Several groups are investigating manipulation of the electric and natural gas markets during the Texas blackout. But the rules are different for different kinds of energy.
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After millions of Texans lost power in February, state lawmakers vowed to fix the system that had failed so dramatically. But what, really, did they accomplish?
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It’s happened before in other parts of the country, but in Texas it would play out much differently. That’s because Texas has its own power grid with minimal connections to neighboring grids.
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In a letter to the Public Utility Commission of Texas, Gov. Greg Abbott said he wants commissioners to encourage the construction and maintenance of coal, gas and nuclear plants. He also asked that regulators impose reliability costs on renewable power like wind and solar.