One reason for Texas’ continued economic progress is its successful deregulation of the electric industry. Continued progress, and the prosperity it brings, relies upon continued growth in available power. In the short term, only coal can deliver enough reliable, inexpensive power to meet this need.
TPPF Releases New Research on ERCOT’s 765-kv Strategic Transmission Expansion Plan
AUSTIN– Today, TPPF’s Life:Powered campaign released new research outlining the cost and impact of ERCOT’s 765kv Strategic Transmission Expansion Plan or STEP. The paper finds that the STEP does not meaningfully reduce the need for new generation, nor does it reduce prices for consumers. In fact, the STEP would impose nearly $100 billion in lifetime...