Expensive Electricity Changes on the Horizon?
A behind-the-scenes change in technical assumptions could cost more than $3 billion over 10 years.
A behind-the-scenes change in technical assumptions could cost more than $3 billion over 10 years.
ERCOT this week experiences third highest electricity demand in history, but doesn’t resort to heat emergency.
A new timeline tells history of the Texas electricity market, from deregulation’s beginning, to phantom tax collections by utilities, to a recent drive by generators to secure multi-billion-dollar subsidies.
In a proposal that has been roundly rejected by organizations across the political spectrum, the owners of Texas power plants would receive subsidies based on the number and size of plants they own.