The currently depressed wholesale power price market is keeping utility companies from launching new power plants projects — except for new wind and solar farms — but the Texas grid already has plenty of reserve capacity, according to ERCOT, which manages about 90 percent of the state’s electricity load. Several natural gas-fired power plants are also are under construction.
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Is a policy analyst for TCAP, a coalition of cities and other political subdivisions that purchase electricity in the deregulated market for their own governmental use. Because high energy costs can impact municipal budgets and the ability to fund essential services, TCAP, as part of its mission, actively promotes affordable energy policies. High energy prices also place a burden on local businesses and home consumers.