Environmental policy should enhance-but cannot supplant-the fundamental dynamics of securely available, cost-efficient energy. Without coal in the energy mix, sufficient electric generation to meet future Texas, national, and global demand is doubtful.
Energy & Environment
Tight Grid Conditions in April and May Highlight the Risk of Soaring Electric Bills for Texans
The Electric Reliability Council of Texas (ERCOT) region will likely see real-time market prices approach the regulatory cap of $5,000/MWh on Wednesday, not long after price spikes on April 28 and April 16. The fact that the market is showing signs of scarcity in the spring, long before the heat of this summer or the...
May 7, 2024