This visual data powerfully supports the concerns raised about the new CBA's impact on market dynamism and the emergence of "illiquid" assets from both Owners and Players.
What are your thoughts on this trend?
👇 #NBACBA #SportsEconomics #MarketFriction

Texas Legislators Take Steps Towards Supporting Data Centers and Grid Resilience Texas Legislators Take Steps Towards Supporting Data Centers and Grid Resilience The Texas Legislature is actively working to promote the growth of data centers and other industries in the state through several key bills. One of the most notable efforts is Senate Bill 6 (SB6), which aims to improve energy transmission and distribution in Texas. According to industry experts, SB6 requires companies to disclose any outstanding interconnection requests for energy services outside of Texas, as well as provide details on their business models and operations. While this provision has been welcomed by some, others have expressed concerns that it could create unnecessary risk and market friction for companies operating in the state. In addition to addressing issues related to energy transmission, another bill being considered is Senate Bill 2321 (SB2321). This legislation would provide enforcement discretion to the Texas Commission on Environmental Quality (TCEQ) regarding data centers' participation in emergency operations plans. Industry representatives have praised this provision as a crucial step towards ensuring that data centers can continue to provide essential services, such as backup power generation, during times of grid strain. Industry groups, including the Data Centers Council of Texas (DCC), have expressed support for SB2321 and other legislation aimed at promoting grid resilience. However, they also acknowledge that addressing concerns related to interconnection requests and market friction is a top priority in order to ensure a smooth process for companies operating in Texas. While challenges still need to be addressed, the bills being considered by the Texas Legislature offer promising signs for promoting grid resilience and reducing market friction. By supporting data centers and other industries, the state can promote economic growth and ensure that businesses are able to thrive in an increasingly complex energy landscape.

Texas Legislators Take Steps Towards Supporting Data Centers and Grid Resilience #ERCOT #DataCenters #GridResilience #TexasLegislature #EnergyTransmission #MarketFriction