Texas HB 962, which as first reported by RetailEnergyX.com back in January would prohibit a capacity market in ERCOT, has been scheduled for a public hearing by the House Committee on State Affairs on April 29

The filed version of HB 962 provides, "The legislature finds that the amount of installed generation capacity is best determined by investor, generator, and customer choices through the normal forces of competition. As a result, regulatory authorities may not mandate or otherwise regulate the amount of installed generation capacity or require a surplus or reserve of installed generation capacity above actual or forecasted levels of load."

HB 962 would also eliminate the 20% cap on generation ownership market share.

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Texas   Capacity Market   ERCOT  

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