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Texas Passes Power Market Reforms to Boost Grid Reliability

  • Ercot must begin using new power scarcity pricing by Jan. 1
  • State’s main grid operator must submit plan for other reforms
Photographer: Ron Jenkins/Getty Images

Texas regulators approved reforms to the state’s wholesale electricity market to make the grid more resilient in response to last winter’s catastrophic blackouts.

The Public Utility Commission of Texas ordered the main state grid operator, Electric Reliability Council of Texas Inc., to begin using a new method of pricing power during shortages starting January, according to Thursday’s commission meeting.