Nicholas Sakelaris, Staff Writer- Dallas Business Journal
A capacity market by any other name is still a capacity market, just don’t tell Donna Nelson, chairwoman of the Texas Public Utility Commission.
This week, she’s started calling it the “reliability market,” perhaps an attempt to emphasize the positive aspects of this electric market structure and distance it from other areas of the country that have a capacity market.
A capacity market, or what’s now being called a reliability market, has been widely criticized by Texas industry groups and consumer advocates because it provides…