Consultants at The Brattle Group have released a report analyzing resource adequacy concerns and identifying options for better aligning market design and reliability objectives in the Electric Reliability Council of Texas (ERCOT) electricity market.
To inform ERCOT and the Public Utility Commission of Texas' (PUCT) ongoing efforts to maintain resource adequacy, the study characterizes the factors influencing generation investment decisions, evaluates the market outlook for supporting investment and resource adequacy at the target level and lays out options to enhance long-term resource adequacy while maintaining market efficiency in ERCOT.