Texas Power Estimate Cools Capacity Market Debate

Law360, Dallas (March 3, 2014, 6:40 PM EST) -- In a report issued Friday, Texas’ electrical grid operator projected its current power production can exceed recommended reserve levels for years to come, giving further ammunition to opponents of a proposal for the state to adopt a capacity market designed to promote more new generation.

The Electric Reliability Council of Texas used a new methodology to calculate the load on its grid that takes into account the improved efficiencies residential and commercial power users have adopted in recent years, and found it will have a reserve...
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