If the Texas Legislature wanted the Electric Reliability Council of Texas to be immune from civil lawsuits, it would have passed laws stating so, lawyers representing two large energy companies told the Texas Supreme Court during oral arguments Monday.
San Antonio-based CPS Energy and Dallas-based Panda Power Funds have sued ERCOT separately in their hometown courts seeking hundreds of millions of dollars in damages for allegedly erroneous decisions that ERCOT made that negatively impacted the companies.
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Published on 1/20/2023 (61 days ago) Energy Crisis