The Texas Public Utility Commission has proposed redesigning the grid in the Lone Star State in a bid to make it more resilient to extreme weather events. Among the elements of the proposal is a stipulation that electricity retailers pay power generators to stand by in case of an emergency, which, according to the Commission, would encourage the construction of more generation capacity, Reuters has reported. Another element of the redesign proposal is a requirement for ERCOT, the state’s grid operator, to "develop bridging options to retain…