Author: Stephen Chang

Final Electricity Market Assessment Finds Performance Credit Mechanism Would Cost Consumers Billions Annually with No Guarantee of Any New Capacity

AUSTIN – The proposed Performance Credit Mechanism (PCM) being considered among ERCOT market reform options “would entail billions in costs for customers without a meaningful improvement in reliability,” according to the final results of an Assessment of ERCOT Market Reform Alternatives, prepared by Bates White Economic Consulting, a firm with 25-years of experience in providing advanced economic, financial, and econometric analyses to law firms, companies, and government agencies.

CONTINUE READING Final Electricity Market Assessment Finds Performance Credit Mechanism Would Cost Consumers Billions Annually with No Guarantee of Any New Capacity 3 min read

TXOGA Joins Industry Groups In Creation of Texas CARES

AUSTIN – Earlier this month, the Texas Oil & Gas Association (TXOGA), along with industry groups such as the Texas Association of Manufacturers (TAM), Texas Chemical Council (TCC) and Texas Industrial Energy Consumers (TIEC) formed a new coalition called Texas Consumers for Affordable and Reliable Electricity Solutions (Texas CARES).

CONTINUE READING TXOGA Joins Industry Groups In Creation of Texas CARES 1 min read

Upstream Oil and Natural Gas Employment in Texas Sees Growth in March

AUSTIN – Data released by the Bureau of Labor Statistics and Texas Workforce Commission indicates that upstream oil and natural gas employment in Texas saw growth in March, with the sector adding an additional 1,500 jobs.

CONTINUE READING Upstream Oil and Natural Gas Employment in Texas Sees Growth in March 1 min read

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