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Supreme Court ruling could have local ramifications

A Supreme Court decision handed down Wednesday left more questions than answers for state authorities, whose ability to manage Texas’ power portfolio may be limited by the Court’s edict. Long term, however, the justice’s decision in EPA v. EME Homer City Generation could be a boon for Grayson County, as it puts Sherman’s nearly completed natural gas power plant in a vital position on the state’s electric grid.

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Breakup likely for Energy Future Holdings in bankruptcy

Tuesday’s long-expected bankruptcy filing by Dallas-based Energy Future Holdings will likely result in the breakup of the state’s biggest power firm, but there should be little immediate impact on customers and the state’s power grid, observers said.