Money for Nothing

Texas utilities want to be rewarded with lavish incentives for delivering less energy savings, at a time when Texas desperately needs to reduce energy waste for grid reliability

If another Winter Storm Uri hits next winter, ERCOT forecasts that peak demand will exceed 106 gigawatts. As things stand, the all-time ERCOT record is 85.5 gigawatts.

So if the nightmare storm of February 2021 repeats this winter, we’ll need to cover all of that, plus another Houston’s-worth of power.

Texas cannot begin to solve this challenge without f…