Capacity markets will not improve ERCOT’s capacity or reliability; a capacity market’s inherent inefficiencies and artificial incentives cannot compete with the energy-only market, making it a bad bargain for Texas ratepayers.
Energy & Environment
$100 Billion in the Wrong Direction
The debate over Texas’s 765-kV transmission lines is heating up, and your wallet is caught in the middle. Last Friday, the Public Utility Commission of Texas held a hearing on the 765-kV Strategic Transmission Expansion Plan (STEP), and this Friday, the Commission will decide whether to approve or deny the northernmost line of the three...
August 18, 2026