Philip Jankowski of The Dallas Morning News reports that Texas senators might reject the state’s proposed power grid redesign.
- Regulators in Texas have submitted a plan that would redesign the state’s electricity market to make it more favorable to oil and gas and less favorable to renewables and nuclear power.
- While these regulators claim that their plan would prevent blackouts in the event of a winter storm like Uri, it would actually stifle competition, increase costs for consumers, and do little to improve reliability.
- Importantly, ERCOT’s redesign does not include plans to winterize the state’s grid infrastructure.
- Texas lawmakers can improve grid reliability by investing in infrastructure upgrades and implementing technology-neutral energy policies that allow the market to pick winners and losers.
Read the full article here.