Texas Utilities Code

§ 39.156 — MARKET POWER MITIGATION PLAN

UT § 39.156Title 2. PUBLIC UTILITY REGULATORY ACT · Part B. ELECTRIC UTILITIES · Ch. 39. RESTRUCTURING OF ELECTRIC UTILITY INDUSTRY · Art. D. MARKET STRUCTURE

Statute text

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(a)In this section, "market power mitigation plan" or "plan" means a written proposal by an electric utility or a power generation company for reducing its ownership and control of installed generation capacity as required by Section 39.154.

(b)An electric utility or power generation company owning and controlling more than 20 percent of the generation capacity located in, or capable of delivering electricity to, a power region shall file a market power mitigation plan with the commission not later than December 1, 2000.

(c)The plan may provide for:

(1)the sale of generation assets to a nonaffiliated person;

(2)the exchange of generation assets with a nonaffiliated person located in a different power region;

(3)the auctioning of generation capacity entitlements as part of a capacity auction required by Section 39.153;

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Legislative history

Added by Acts 1999, 76th Leg., ch. 405, Sec. 39, eff. Sept. 1, 1999.