The long-running lawsuit pits generators who lost billions of dollars during the 2021 blackouts against the state's utility regulator.
The slate is a broad array of legislation all intended to accomplish one main objective: to build more dispatchable power in the state.
The 18-month long process only partially reached resolution this week but still has a five-month long runway as the Legislature weighs in.
The governor's letter seemed unwilling to wait for the Legislature to deliberate a redesign plan during its next five months in session.
The long-running case holds implications for lawsuits stemming from the 2021 blackouts filed well after this dispute was originally filed.
Abbott stated this cold snap presents another opportunity for the power grid and its regulators to rebuild trust lost during the blackouts.
Almost a year after presenting its initial blueprint for market reform, the State of Texas nears finalizing its Phase II decision.
Despite frequent hand-wringing, the state's largest power grid provided more than enough power to Texans during the summer heat.
The state expects the fall to be used to make up for power plant maintenance postponed during the summer heatwave.
Vegas is currently an executive with Ohio company NiSource Utilities and previously worked for AEP Texas.
The TUSF has lingered in growing debt since a 2020 decision was made by the Public Utility Commission to reject a much smaller rate increase.
Two years after the PUC chose to not increase rates, an appeals court has ordered the agency to pay off the Universal Service Fund obligations.
