SB 2232 requires the Public Utility Commission of Texas (PUC) to “identify and study the effects that renewable energy subsidies have on pricing, reliability, and efficiency of the electric power market in the ERCOT power region.”
Buckle up for summer blackouts: Wind is already failing Texas in spring
It’s been all quiet on the electric grid front for a few months — but don’t get your hopes up. Over the last month, electricity prices came near the $5000/MWh regulatory cap three separate times because the wind wasn’t blowing enough when the sun went down. If this sounds familiar, you’re not wrong. You may hear...