Negative Space: Texas Freeze
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- The Texas Legislature Should Give Texans Their Money Back
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“At the heart of the PUC’s decision seems to be a belief in market theory over actual markets. When the decision was made as prices were trading as low as $1,200, D’Andrea stated, ‘I think we all expected that when we were in load shed we would be at $9,000.’ In other words, the commissioners did not care what market prices actually were. They were going to impose their vision on the market, regardless…
“The PUC’s renegade action should not surprise us. For much of the last decade, seemingly no regulation, no subsidy was beyond the PUC’s consideration for what once had been the most competitive and successful electricity market in…”
- Renewable Energy Failed to Keep the Lights on for Texans
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“First, the Texas Legislature must this session eliminate all subsidies and benefits for renewables in Texas… Second, the Legislature must direct the PUC to require that wind and solar operators rather than consumers bear the costs their intermittency and federal subsidies impose on the grid… Third, the Legislature must end the PUC’s constant intervention in the Texas electric market.”
- Yes, Green Energy Failures Helped Cause Texas Blackout Disaster
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“Overconfidence in renewables led us uncomfortably close to total grid failure… the best solution for Texans, and all Americans, would be to eliminate all energy subsidies and allow the free market to drive our energy choices.”
- The Texas Power Outage Started With Bad Policy
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“The story of how Texas was brought to its knees by crippling cold weather leaving millions without power is a complex one, yet entirely predictable and avoidable… For years, Texas’ grid operator (ERCOT) has overestimated the ability to maintain a reliable grid without a sufficient reserve margin.”
Rolling blackouts in San Diego, the Great Southwest Blackout, and now Texas with a week of subfreezing temperatures and dead power.