The rollout of Texas’ Education Freedom Accounts (TEFA) has already become a major success. When state officials opened applications on February 4, demand poured in at an unprecedented rate, with tens of thousands of families rushing to apply. Early figures show the scale of that demand. Within just hours of launch, more than 20,000 applications...
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...
KEY POINTS • Transmission costs in ERCOT rose from $1.5 billion in 2010 to over $5 billion in 2024 and could increase to over $12 billion per year by 2033. • After adjusting for inflation and overall rising electricity demand, the average ratepayer in the ERCOT region paid 57% more in transmission charges in 2024...