operator ERCOT has a novel idea for how state officials should tackle restructuring Texas’ electricity market in the wake of 2021′s deadly winter storm: do nothing.
At stake is the resiliency of the state’s electric grid, which was pushed to the brink of collapse in the February 2021 winter storm that led to widespread blackouts and killed more than 200 Texans. The chosen market structure also will trickle down to most Texans’ electric bills, likely increasing their monthly charge for keeping the lights on.
“We are confident that investment in dispatchable gas resources will continue and possibly accelerate,” Potomac wrote. No estimates have been made calculating the actual impact the market redesign would have on people’s electric bills. But consumers have seen their electric bills soar in the past year, driven by historic inflation levels and surges in natural gas prices.
“Whether it is incentivizing them, whether it’s building them, whatever the plan is, I personally cannot see myself leaving this building knowing that another [winter storm] Uri can happen,” he said.
Don't make Abbott mad. He'll take his toy and go home.
Essentially the mafia
The IMM be spittin' facts
ERCOT's independent monitor **which ERCOT pays and is therefore not independent** says Texas shouldn't meddle with power market
And this is exactly what will happen. Nothing. Except higher prices for the abused masses and piles of grift for the corrupt.
Sorry Texans, but you get what you vote for! gregabbottfailedtexasagain
Who’s turning off electricity services before thunderstorms even reach a projected area including cell services that keep residents from tracking potential tornados & calling 911 in case of emergencies in general or due to injuries during a storm? Some CRUEL DEMON in Texas is!!
ercot's independent monitor didn't freeze to death in february 2021