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The ongoing energy transition, including the rapid electrification of energy services, reinforces the importance of secure and reliable electricity infrastructure. Electricity as a critical energy carrier cuts across sectoral boundaries, including but not limited to public health, national security, education, and transportation. Electricity markets treat electricity as a commodity bought and sold in the different restructured markets of the United States and are a critical feature of power systems shaping the energy transition. However, current electricity market developments primarily rely on techno-economic indicators and fall short of incorporating ethical considerations to spur energy transition towards 100% renewable electricity as end-use energy. Even though electricity markets are designed based on the assumption that they are socially valuable, they essentially go unmeasured based on social and ethical parameters and are largely measured using technical and economic tools and criteria. These inadequacies in the development of electricity markets fail to provide energy and other allied services, particularly during and in the aftermath of a disaster, to the people who need them the most. This paper aims to provide an analytical framework using the foundational approach of energy justice for looking at the electricity market development. The paper utilizes the case of the Texas electricity market and its role in dealing with the electricity crisis in Texas during the winter storm of 2021 from the critical lens of energy justice. The paper shows that using the foundational approach of energy justice, the electricity market can be designed more ethically by considering electricity as means rather than only a market commodity. [ABSTRACT FROM AUTHOR]