In the U.S. and around the world, electricity restructuring is converting regulated monopolies into market regimes. However, one important issue is whether electricity markets can-without government intervention-provide adequate generation to reliably power society's needs.
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...