Highlights $3 billion/year in savings possible 21 GW of coal and gas retirements seen Houston — The Electric Reliability Council of Texas must massively expand its transmission capacity to move West Texas renewable power to load centers in the eastern half of the state by 2035, a move aimed at accommodating fossil-fuel generation retirements, but experts differ on whether the state government would approve such spending. Receive daily email alerts, subscriber notes & personalize your experience. Register Now ERCOT’s Long-Term System Assessment, mandated to be presented to the state legislature every two years, shows that under various scenarios, locational marginal prices by 2035 could range from less than $82/MWh to more than $125/MWh. The range depends on how much generation transitions to renewable resources, what renewable mandates are established, and how much battery storage becomes available. Posted on the ERCOT website on Dec. 23, the LTSA identified 16 high-voltage […]