Texas is the American Leader in Energy – So How Can Its Electricity Markets be Such a Mess?
By Elias Hinckley and Clair Austin
Texas
both produces and consumes more energy than any state in the U.S. It
controls one-quarter of U.S. proven oil reserves. Energy companies
looking to grow or to establish a U.S. presence set up operations in
Texas. The primary electricity transmission system in Texas is
independent of the rest of the country (a long-time source
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