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The Texas Tribune

National

By Kayla Guo

Texas regulators shelve an electricity market reform proposal they say does too little to shore up grid

Electricity Texas PUC Thomas Gleeson ERCOT the Public Utility Commission

Public Utilities Commission Chairman Thomas Gleeson speaks during a meeting on Thursday, July 11, 2024. — Public Utilities Commission Chairman Thomas Gleeson speaks during a meeting on July 11, 2024. The PUC on Wednesday shelved the performance credit mechanism, which aimed to increase the power grid's reliability, saying it would fall short of that goal. (Credit: Sergio Flores for The Texas Tribune)

The Public Utility Commission on Thursday shelved the performance credit mechanism, a controversial idea that was designed to bring more power onto the state grid and increase its reliability.

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