Policymakers who think they can determine the proper price of a good better than the market will create no less a disaster than the captain of an ocean liner who believes his engines will allow him to pay no heed to momentum.
An Economic Assessment of the 765-kV Strategic Transmission Expansion Plan
An Economic Assessment of the 765-kV Strategic Transmission Expansion Plan And Alternative Approaches to Enable Cost-Effective Growth WRITTEN BY Brent Bennett, Ph.D. Download the full research paper here. KEY POINTS • The need for the 765-kV STEP is driven by an overbuilding of wind and solar across Texas, particularly in West Texas and South Texas,...