The Public Utility Commission found that the performance credit mechanism, a financial tool the Legislature capped at $1 billion, would only marginally improve reliability of the state power grid.
Energy
In-depth reporting on oil, gas, renewable power, and policies shaping the future of energy in Texas from The Texas Tribune.
Growing oil industry support for methane reduction rule could help it survive Trump’s return
Texas regulators are taking public comment about how they should implement an EPA rule to reduce methane leaks from the oil and gas industry.
Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
A 2021 ruling found the oil giant committed more than 16,000 violations of the Clean Air Act at its Baytown refinery and plant.
Recycled oilfield water could aid drought-stricken West Texas
Oilfield wastewater injected underground is causing earthquakes and blowouts. Now, pilot projects are exploring whether this water could be treated and used to grow crops.
Texas’ push to meet soaring power demand with nuclear energy could spark uranium mining revival
State leaders want nuclear reactors to provide consistent, low-carbon power to large industrial facilities. But in South Texas, locals worry what a uranium mining boom could mean for their groundwater.
Grid operator says Texas is better prepared for extreme cold this winter
ERCOT says conditions this winter could spark extreme cold, but additional power supply and continued weatherization efforts will lower the risk of power outages.
An Innovative Solution for a Modern Grid: VPP
The Virtual Power Plant (VPP) will transform homes and businesses from locations where we consume energy, to smart ecosystems where power is managed, optimized, and sometimes even generated.
Crypto miners must register with state and reveal power usage under new Texas rule
The Public Utility Commission of Texas adopted the rule amid surging demand for power across the state and a growing crypto mining industry in Texas.
Texas reaches $12.6 million settlement in connection with 2019 Port Neches chemical plant explosion
The settlement directs TCP Group to repair equipment and to pay $12.6 million in penalties for clean air violations at its Southeast Texas facility.
Public Utility Commission releases investigative report on CenterPoint Energy’s Hurricane Beryl response
The company’s power outages in July have drawn the ire of state leaders. Here’s what you need to know.

