Mitchell Schnurman of The Dallas Morning News reports on Texas’ competitive electricity market.
- Electricity competition in Texas has been largely beneficial to the state’s economy, consumers, and the environment.
- Since Winter Storm Uri hit the state last year, regulators in Texas have debated implementing a capacity market that would force generators to produce excess energy in case of grid failures, potentially increasing costs on consumers and leading to governments picking energy winners and losers.
- Texas can continue to provide affordable and reliable energy by keeping its competitive electricity market framework.
Read the full article here.