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Bernard Weinstein: Will the lights and AC go out this summer?

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Texas, with its trillion-dollar economy, is projected to continue growing faster than the nation. ERCOT estimates we’ll need more than 100,000 megawatts of new power over the coming 10 to 15 years just to keep up with expected demand. Therein lies the challenge: In a deregulated environment, what policy changes or incentives can be adopted to enhance the likelihood of a competitive rate-of-return on new facilities?... To read the full story, you may need Subscriber Content access.

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