Introducing competition into Texas’ retail and wholesale electricity markets has made Texas the greatest success story in the United States-if not the world. That success is largely due to policymakers’ willingness to let markets work and not manipulate prices or other policies for political reasons.
Energy & Environment
Winter Weather Worries
Another Texas summer is coming to an end soon, and despite the scorching temperatures, the electric grid has kept the A/C running. ERCOT didn’t falter when faced with a new all-time peak energy demand record on July 22. But hot, sunny days are only one end of the spectrum. According to a TPPF/Overton Insights poll released yesterday,...
September 3, 2026