One thought on “Deregulation, Texas-style

  1. Update says:

    Fallout from Texas’ statewide power outages in February continues to spread. Today, the Texas House of Representatives is scheduled to debate a bill that would require power producers to bear the costs of services that help keep the electrical grid stable. https://arstechnica.com/tech-policy/2021/04/amazon-warns-texas-dont-pass-bill-that-would-drive-up-wind-power-costs/
    If the bill passes, it would “unfairly shift the cost of ancillary electric services exclusively onto renewable generators [wind and solar] rather than all the beneficiaries,” according to a letter written by the Partnership for Renewable Energy Finance (PREF), an industry group, and signed by Amazon, Berkshire Hathaway Energy, Goldman Sachs, and a number of other firms. https://acore.org/wp-content/uploads/2021/04/U.S.-PREF-Letter-April-6-2021.pdf

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