Special ERCOT Board Meeting Tomorrow May Approve Wasteful Spending
ERCOT could have found market-based, cheaper, and more reliable solutions to replace CPS Energy’s 60-year old gas plants. Instead, consumers may have to pay over $100 million for stopgap solutions.
The ERCOT Board of Directors will decide in a special meeting Tuesday whether to spend more than $100 million of Texans’ money on a problem that battery storage has largely already solved.
The item follows a board vote in December to spend $50 million for San Antonio’s municipal utility, CPS Energy, to inspect, fix, and operate Braunig Unit 3, a 55-year-…
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