Relating to the generation and transmission of electricity.
Relating to the establishment of the Texas Energy Insurance Program and other funding mechanisms to support the construction and operation of electric generating facilities.
Relating to funding mechanisms to support the construction, maintenance, modernization, and operation of electric generating facilities.
Designating the Electric Reliability Council of Texas (ERCOT) as the entity responsible for the reliable supply of electricity in its interconnected area of responsibility, establishing a fund under ERCOT's control to fund a net 5,000 MWe of "dispatchable" "peaking unit" generating capacity owned by "Independent Power Producers", establishing the payment structure to such "Independent Power Producers" to fund the 5,000 MWe of "dispatchable" "peaking unit" generating capacity, establishing the criteria of operation and performance of the "peaking unit" generating capacity under ERCOT's direct control, and establishing criteria for review of ERCOT's performance in its duty to assure reliability of electricity supply.
Relating to the legislature's goals for electric generation capacity in this state.
Relating to the use of the electric generating facility fund to finance construction and maintenance of electric generating and transmission facilities in the ERCOT power region; authorizing an assessment.
Relating to electricity service in areas of this state with a need for transmission projects.
Relating to the sale of electricity from certain non-dispatchable generation facilities in the ERCOT power region.
Relating to the continuation and functions of the Public Utility Commission of Texas and the Office of Public Utility Counsel, and the functions of the independent organization certified for the ERCOT power region; increasing an administrative penalty.
Relating to imposing a tax on the generation of electricity by certain electric generators to provide revenue for property tax relief.