As time passes, Texas faces an ever more urgent challenge to provide sufficient water to meet rapidly growing demand. This is one of the most critical, long-term policy issues facing the Texas Legislature. Policy decisions made-or not made-in the present will impact the future of Texas’ water supply.
Tight Grid Conditions in April and May Highlight the Risk of Soaring Electric Bills for Texans
The Electric Reliability Council of Texas (ERCOT) region will likely see real-time market prices approach the regulatory cap of $5,000/MWh on Wednesday, not long after price spikes on April 28 and April 16. The fact that the market is showing signs of scarcity in the spring, long before the heat of this summer or the...