In just about a week, Texas’ 10 year electricity forecast will be released and the Texas Public Utility Commission will finally be making a decision on whether or not to switch Texas to a capacity market, after months of debating. It all started in 2011 when freezing temperatures caused Texas’ electric infrastructure to experience blackouts caused from the winter storm. Since then, many plans have been mentioned to help prevent residents from having no power for hours, days, and/or weeks. This has made being able to have “extra” electricity available more important.
“Capacity Market: What Is It?”Continue reading