This memorandum expresses the Foundation’s concerns regarding a proposed constitutional amendment that would authorize local communities to enact new local gasoline taxes and additional vehicle registration fees to pay for road and rail projects, and presents the Foundation’s research on alternative methods to address the state’s transportation needs.
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...