This PowerPoint presentation was given by Rob Bradley of the Institute for Energy Research, at the Texas Public Policy Foundation’s policy primer, “Wind Energy: Power for the Future or a Lot of Hot Air?”
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...