Texas regulators’ OK of Entergy 1.2-GW, gas plant draws mixed observer reactions
From S&P Global:
…Beth Garza, senior fellow at the R Street Institute public policy research organization and former head of Potomac Economics’ Independent Market Monitor office for the Electric Reliability Council of Texas, said she was “disappointed” by the OCAPS decision, albeit not with the elimination of the hydrogen capability.
“I’m disappointed by the outcome of captive ratepayers paying Entergy more than a billion dollars for a power plant, rather than having the opportunity to reap the benefits of a transmission option at one- tenth the cost,” Garza said Nov. 14.
Texas law gives incumbent transmission and distribution utilities the right of first refusal regarding transmission projects, which is what “clearly killed any opportunity for a lower-cost solution to be considered,” Garza said.
