The state’s decision to change its wholesale electric market design from one based on geographic zones to one based on thousands of discrete nodes was supposed to have made the system more reliable, less congested and cheaper in the long run.

However, as the cost associated with the transition to a nodal market rises precipitously with no implementation date now in sight, lawmakers are becoming increasingly uncomfortable with the project.

Senate Business & Commerce Chairman Troy Fraser (R-Horseshoe Bay) grilled the CEO of the Electric Reliability Council of Texas (ERCOT) today on those rapidly rising costs, hinting strongly that lawmakers might consider pulling the plug on the project if their concerns are not allayed.

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