Testimony before the House Select…

The Energy Subsidy Trap: How the One Big Beautiful Bill Proved Subsidies Are Nearly Impossible to Remove

The One Big Beautiful Bill Act, signed into law on July 4, 2025, was supposed to be a decisive break from government intervention in energy markets. Instead, it became a masterclass in why energy subsidies represent one of the most persistent forms of government market intervention. When Congress first debated energy policy reform, the U.S....

Fool Me Twice: Why the Texas Grid is Still Vulnerable to Winter Storms | Part 3: How Texas Can Solve Its Winter Reliability Problem

Part 3: How Texas Can Solve Its Winter Reliability Problem Five years after Winter Storm Uri, the ERCOT grid is still not ready for the next major winter storm. The first two installments of this series showed that demand has grown more than 20% since 2021 while firm generation capacity has barely budged, and the...

The Explosion of Transmission Costs in ERCOT: Causes, Forecasts, and Policy Solutions

KEY POINTS • Transmission costs in ERCOT rose from $1.5 billion in 2010 to over $5 billion in 2024 and could increase to over $12 billion per year by 2033. • After adjusting for inflation and overall rising electricity demand, the average ratepayer in the ERCOT region paid 57% more in transmission charges in 2024...