Brattle Economists Analyze Economically-Optimal Planning Reserve Margin For Texas Power Market -- CAMBRIDGE, Mass., Feb. 3, 2014 /PRNewswire/ -- 2014 Brattle Economists Analyze Economically-Optimal Planning Reserve Margin For Texas Power Market

CAMBRIDGE, Mass. , Feb. 3, 2014 /PRNewswire/ -- Economists at The Brattle Group released a study on Friday that estimates what planning reserve margin would be economically optimal in the Electric Reliability Council of Texas' (ERCOT) wholesale electricity market. The study finds that ERCOT's current energy-only market design can be expected to support an average reserve margin that is above the risk-neutral economic optimum, but substantially below the reserve …