Texas predicts 23% summer reserve margin but decline also forecast

“With all these new power plants, Texas is a buyer’s market,” said Pat Wood III, chairman of the Public Utility Commission (PUC), just in time for the beginning of retail electric competition in January 2002.

PLANO, Texas, Feb. 2, 2001 — EDS today announced the company has signed a $137 million contract with PSEG to provide midrange and mainframe operational support.

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