Our examination of ERCOT's history and operation brings a conclusion that the costs of instituting capacity markets in its territory will almost surely exceed any benefits they might bring.
Fool Me Twice: Why the Texas Grid is Still Vulnerable to Winter Storms | Part 1: The Evolution of the Texas Grid
Part 1: The Evolution of the Texas Grid since Winter Storm Uri in 2021 As the five-year anniversary of Winter Storm Uri approaches, this analysis by Dr. Brent Bennett examines whether the ERCOT grid is truly prepared for the next major winter storm. Despite widespread perception that the grid has become more resilient, the data...