Setting the Record Straight on Renewable Energy Subsidies

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An Economic Assessment of the 765-kV Strategic Transmission Expansion Plan

An Economic Assessment of the 765-kV Strategic Transmission Expansion Plan And Alternative Approaches to Enable Cost-Effective Growth WRITTEN BY Brent Bennett, Ph.D. Download the full research paper here. KEY POINTS • The need for the 765-kV STEP is driven by an overbuilding of wind and solar across Texas, particularly in West Texas and South Texas,...

June 2, 2026

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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...

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The Energy Subsidy Trap: How the One Big Beautiful Bill Proved Subsidies Are Nearly Impossible to Remove

The One Big Beautiful Bill Act, signed into law on July 4, 2025, was supposed to be a decisive break from government intervention in energy markets. Instead, it became a masterclass in why energy subsidies represent one of the most persistent forms of government market intervention. When Congress first debated energy policy reform, the U.S....

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An Economic Assessment of the 765-kV Strategic Transmission Expansion Plan

TPPF Releases New Research on ERCOT’s 765-kv Strategic Transmission Expansion Plan

The Energy Subsidy Trap: How the One Big Beautiful Bill Proved Subsidies Are Nearly Impossible to Remove