Competition in Texas’ newly deregulated electric market has brought substantial benefits to Texas in only a few years, both in absolute terms and relative to other states. Texas should avoid unpredictable major alterations of the existing market structure that would harm its stability.
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,...