Texas PUC, ERCOT pledge ‘reliability is first’ as state pursues market reform

By Richard Brooks Texas, having experienced the ill effects of a poorly designed energy market based on an economics first principle, is refocusing their market design to meet reliability and resiliency requirements as a first principle, primary objective. Other wholesale energy markets and State regulators may want to consider what can happen when reliability and resiliency are based on the flawed beliefs of..

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