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Long read on Texas Blackouts and state regulation
Posted on: February 23, 2021 at 15:39:34 CT
Knucklehead MU
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No big surprises. Regulatory capture.
https://www.propublica.org/article/power-companies-get-exactly-what-they-want-how-texas-repeatedly-failed-to-protect-its-power-grid-against-extreme-weather#1051278
For example:
Chapman said the groups were stymied when the Legislature agreed to reserve only a single seat on the ERCOT board for a representative of residential consumers. In comparison, eight seats, including alternates, are filled by representatives of energy retailers, power generators and investor-owned utility companies.
Edited by Knucklehead at 15:41:21 on 02/23/21
https://www.propublica.org/article/power-companies-get-exactly-what-they-want-how-texas-repeatedly-failed-to-protect-its-power-grid-against-extreme-weather#1051278
For example:
Chapman said the groups were stymied when the Legislature agreed to reserve only a single seat on the ERCOT board for a representative of residential consumers. In comparison, eight seats, including alternates, are filled by representatives of energy retailers, power generators and investor-owned utility companies.
Edited by Knucklehead at 15:41:21 on 02/23/21
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Long read on Texas Blackouts and state regulation - Knucklehead MU - 2/23 15:39:34