Dive Summary:

• The Austin office of Public Citizen, a consumer advocacy group, said on Tuesday that the results of a recent study it performed show that paying electricity generators is not a desirable solution to the state's current energy dilemmas and that lowering peak use would be preferable.
• "We'd be better off developing a new market structure that creates incentives for people to use less electricity," said Tom Smith, a director at Public Citizen's Texas office.
• The Electric Reliability Council of Texas, who operates the largest grid in the Lone Star state, has reported that its margin of supply over demand may run low this summer.

From the article:

"... Public Citizen's consultants studied an existing capacity market in the PJM regional transmission market, which serves 13 states from Ohio to North Carolina, as well as the District of Columbia, and has a design most like that being considered for ERCOT, they said. Those experts said replicating that capacity market would take until 2015 and cost $1.2 billion to $2.3 billion a year. ..."