This headline in last week’s Houston Chronicle captured all that is wrong with the Texas electricity market: Since 2013, when the Operating Reserve Demand Curve was approved, the Texas Legislature has sought to deal with the grid reliability problems caused…

Since 2011, market participants, regulators, and watchers have understood that intermittent energy sources—wind and solar—are causing three major problems in the ERCOT electric market.  First, their intermittency has increasingly pushed the grid towards unreliability. Second, they have driven reliable thermal…

Following the disastrous Texas blackout in February 2021, TFR created the following video explaining part of the problem and potential solutions to safeguarding the life, liberty, and property of everyday Texans.   While further reforms are most assuredly needed, action…