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- Electricity Restructuring: The Texas Story
Electricity Restructuring: The Texas Story
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Texas, alone among the states, has moved forward into a truly restructured electricity era. Texas's success is due to three factors: a competitive vision and the political leadership to carry it through, an institutional design whose transparent rules enable decentralized coordination, and ongoing regulatory analysis of market outcomes, combined with the willingness to use that analysis to revise market rules and facilitate competition. Leading scholars examine this important story.
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