Companies and entities at every level of the Texas energy supply chain are anxiously waiting to see whether the Texas Legislature will retroactively adjust the price of power in the state’s electricity market during the February blackouts in which more than 50 people died.
Some have said they would benefit from a decision to readjust the market, while others have said they would be hurt by such a move. But who would be helped or hurt, and by how much, is unclear — and lawmakers and regulators have not said how they would retroactively change the state’s electricity market more than a month after those prices settled.
Read more from Mitchell Ferman and Shawn Mulcahy with the Texas Tribune here.