Disgorgement represents a major increase in regulation on Texas’ world-class electricity market that would reduce competition, harm consumers, and put the economic benefits Texans have gained from deregulation at risk. See also our previous research and testimony.
TPPF Releases New Research on ERCOT’s 765-kv Strategic Transmission Expansion Plan
AUSTIN– Today, TPPF’s Life:Powered campaign released new research outlining the cost and impact of ERCOT’s 765kv Strategic Transmission Expansion Plan or STEP. The paper finds that the STEP does not meaningfully reduce the need for new generation, nor does it reduce prices for consumers. In fact, the STEP would impose nearly $100 billion in lifetime...