PolicyCast: The Secret Cost of Climate Change Legislation
Overview of ERCOT’s 765-kV Strategic Transmission Expansion Plan (STEP)
What STEP is and what it is not ERCOT’s Strategic Transmission Expansion Plan (STEP) proposes new 765-kilovolt (765-kV) transmission lines to move large amounts of electricity across Texas and strengthen the backbone of the grid. The point is straightforward: demand is rising, and the system needs more capacity to deliver power where Texans need it. The lifetime cost of the STEP is nearly $100 billion, a...