After several months of hammering out how to make the Texas power market more reliable in the wake of the deadly 2021 winter storm, state officials have landed on what they say is a solution. Under a new proposal unveiled Thursday, power providers would be required to buy “performance credits” from power generators — which are intended to guarantee that both have enough electricity to meet increased demand when power demand is high enough to stress the electrical grid.
State agency proposes changes to power market aimed at averting mass blackouts
