Key Points
The Texas market is working, as consumers and producers find innovative ways to reduce costs and enhance service quality. Still, Texas can make further policy improvements to enhance its competitive market.
Recent price fluctuations indicate a healthy Texas market, which provides the proper signals to investors on where, when and how to invest. They also provide an incentive for active consumer participation like shifting consumption and investing in back-up generation.
Texas has the most consumer-friendly electricity policy in the country, as evidenced by downward pressure on retail rates and an array of product offerings.
Texas has the best market structure to signal resource investment and integration, especially for variable and use-limited resources, suggesting that it offers the best model for affordable decarbonization in the country.
Image credit: Per Bengtsson
Featured Publications
Christi M. Smith
July 17, 2024
Haiman Wong
July 16, 2024
Chelsea Boyd
July 15, 2024
Chelsea Boyd
July 9, 2024
Amy Chang, Haiman Wong
June 27, 2024
Chelsea Boyd
June 25, 2024
Logan Seacrest
June 25, 2024
Chris McIsaac
June 11, 2024
Jonathan Cannon
May 28, 2024
Chelsea Boyd
May 29, 2024