As lawmakers consider ways to fund Texas government, some are advocating an expansion of state-run gambling to include video lottery terminals, or VLTs. With some projecting a $2 billion windfall, VLTs are an attractive source of income, but studies indicate the costs may outweigh the benefits. Two background papers are also available; one summarizes the economic impacts of gambling, the other provides the calculations used to identify the additional fiscal cost of VLTs.
Forecasting the Future of the ERCOT Grid, Part 1: The Ongoing Winter Reliability Challenge
Forecasting the Future of the ERCOT Grid, Part 1: The Ongoing Winter Reliability Challenge Written By: Michael Reed and Brent Bennett, Ph.D. Download the full research paper here. Key Points While the operational performance of the ERCOT grid has improved since Winter Storm Uri in 2021, the increasing reliance of the grid on wind, solar,...