Capacity markets are a redistribution scheme that wastes billions of dollars in corporate subsidies. They offer Texas nothing that it couldn't get from an energy-only market at a cheaper, more efficient price.
Energy & Environment
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