Capacity subsidies will increase power costs. Independent REPs also believe they will create an uneven playing field in the retail energy market.
ERCOT officials will release a new report later this year that should incorporate a more robust modeling technique. The findings may play an important role in the ongoing debate over resource adequacy — and could have a real impact on how much we all pay for electricity.
A behind-the-scenes change in technical assumptions could cost more than $3 billion over 10 years.