ERCOT 2040: A Roadmap for Modernizing Texas’ Electricity Infrastructure

Posted by Reports on Jul 17, 2023 8:00:00 AM

Publish Date: July 17, 2023

Released by IdeaSmiths LLC and co-funded by Texas Advanced Energy Business Alliance (Advanced Energy United's Texas state chapter) and Advanced Energy United, "ERCOT 2040: A Roadmap for Modernizing Texas' Electricity Infrastructure" outlines the most cost-effective path for the Texas electric grid to meet the state’s energy needs by 2040.

The report emphasizes the critical importance of economic planning, long-term perspectives, and proactive approaches to ensuring a reliable, sustainable, and economically viable electricity infrastructure for Texas.

According to the analysis model, speeding transmission upgrades in the state could result in over $1.1 billion per year in production cost savings averaged over 15 years, while costing about $9.4 billion to build: a net savings of $7 billion. 

Outlining substantial benefits to consumers and the grid, the report serves as a call to action for legislators, policymakers, industry stakeholders, and the ERCOT community to come together in building a cleaner, more resilient energy future for Texas.

Please complete the form to download the report.

Topics: Texas, Transmission