Senators unveil energy insurance program among plans to revamp power grid

AUSTIN (Nexstar) -- Lieutenant Governor Dan Patrick gathered a bipartisan group of state senators on Thursday to announce a sweeping package of bills he argued will bolster the reliability of the power grid and lower energy costs.Senator Charles Schwertner, chairman of the Business and Commerce committee, first introduced a new "Texas Energy Insurance Program" that Senate Bill 6 would create. He said this will add 10,000 megawatts of power to Texas' energy supply."Texas needs its own backup gene