It’s been two years since Texas’ last rolling blackout — a freaky February storm — and a near-miss during 2011’s extraordinarily hot and dry summer. And the state is still without a solution to projected electricity shortages in the future.
The state’s consultants warn that wholesale electricity prices are too low to spur new investment in power plants or prompt conservation. But officials continue to debate the issue while waiting for Gov. Rick Perry to break the tie at the three-member Public Utility Commission with a third appointee.
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