Today the group that monitors the Texas Electric Grid came out with a new assessment of the state’s power reserves heading into the summer. The Electric Reliability Council of Texas (ERCOT) says Texas is still at risk of rolling blackouts. But the likelihood has diminished as conservation has ramped up and more energy companies have brought “mothballed” power plants back online.
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Not everyone is happy with the idea of raising prices. “This report suggests the need for continued careful deliberation, but not rushed short-term changes that could shock the market and increase prices,” Dr. Randy Moravec, executive director from the Texas Coalition for Affordable Power, said in an email to StateImpact Texas.