Instead of subsidizing private wind development and imposing billions of dollars in new transmission costs upon retail electric customers, Texas policymakers should step back and allow the energy marketplace to bring wind power online when the market is ready. Texas consumers will reap the benefits.
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...