The Texas Electricity Market

December 18, 2009

Bill Peacock presents to the Arizona Legislature some lessons Texas learned in its successful transition to competition in the electricity market.

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Fool Me Twice: Why the Texas Grid is Still Vulnerable to Winter Storms | Part 3: How Texas Can Solve Its Winter Reliability Problem

Part 3: How Texas Can Solve Its Winter Reliability Problem Five years after Winter Storm Uri, the ERCOT grid is still not ready for the next major winter storm. The first two installments of this series showed that demand has grown more than 20% since 2021 while firm generation capacity has barely budged, and the...

February 12, 2026

Energy & Environment

Forecasting the Future of the ERCOT Grid, Part 1: The Ongoing Winter Reliability Challenge

Forecasting the Future of the ERCOT Grid, Part 1: The Ongoing Winter Reliability Challenge Written By: Michael Reed and Brent Bennett, Ph.D. Download the full research paper here. Key Points While the operational performance of the ERCOT grid has improved since Winter Storm Uri in 2021, the increasing reliance of the grid on wind, solar,...

June 8, 2026

Energy & Environment

Fool Me Twice: Why the Texas Grid is Still Vulnerable to Winter Storms | Part 2: Projecting Winter Outage Risk Through 2030

Part 2: Projecting Winter Outage Risk Through 2030 As Texas approaches the five-year anniversary of Winter Storm Uri, the ERCOT grid faces growing vulnerability to winter power outages. This analysis projects that by 2030, the same type of storm that would cause approximately 12 hours of outages today could result in nearly 24 hours of...

January 29, 2026

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Fool Me Twice: Why the Texas Grid is Still Vulnerable to Winter Storms | Part 3: How Texas Can Solve Its Winter Reliability Problem

Forecasting the Future of the ERCOT Grid, Part 1: The Ongoing Winter Reliability Challenge

Fool Me Twice: Why the Texas Grid is Still Vulnerable to Winter Storms | Part 2: Projecting Winter Outage Risk Through 2030