Abstract: | This report outlines important trends in the industry and the activities that the Texas Public Utility Commission has undertaken to continue implementing retail and wholesale competition in the sale of electricity. The introduction highlights important activities and events that have occurred in the last two years: volatile natural gas and electricity prices, the transition to a nodal market, development of a competitive renewable energy plan (CREZ), advanced metering implementation, energy efficiency measures, the response to Hurricane Ike, possible effects of carbon legislation on Texas, the recessionary economic environment, and the State Energy Plan.
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