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Progression of Texas VPP Policy and Retail Competition Dynamics
The chapter provides an in-depth look at the evolution of Texas VPP policy and the challenges faced on the front lines, including instances of regulatory capture and power dynamics. It examines the aftermath of a grid failure incident post-winter storm, debates on energy capacity, integration of batteries in gas systems, and the entry of DERs into the market. The narrative also explores the role of retailers in regulated power markets and the importance of alignment for efficient risk management and cost reduction.