The PUC member and independent market monitor departures come as the state tries to boost electricity supplies amid booming demand.
A February 2021 freeze in Texas killed hundreds, knocked out power for millions and paralyzed the second-largest U.S. state for almost a week.Two key figures in the oversight of Texas’ power infrastructure are set to resign, at a critical time for the state as it tries to boost electricity supplies amid booming demand.
Carrie Bivens, the independent market monitor for the Texas grid, plans to step down this month, according to people familiar with the matter. Bivens was appointed in April 2020 and emerged as a vocal critic of state power market reforms after the deadly winter storm of February 2021.
That effort, however, has led to artificial power-supply shortages, driving prices to some of the highest seen since 2021, according to a Bloomberg News analysis.Luxury real estate firm Compass leases 14,000 square feet of Frisco office space
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