Establishes an independent market monitor for the natural gas market in Texas.
The bill mandates the Public Utility Commission of Texas to select an entity to serve as an independent market monitor for the natural gas market. This monitor will be contracted by an independent organization certified for a power region. The monitor's duties include detecting and preventing market manipulation strategies and recommending measures to enhance market efficiency. The monitor will report directly to the commission on potential manipulations and violations. The commission and the Railroad Commission of Texas retain enforcement authority.
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- Core Provisions
- Implementation
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- Critical Issues
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