Re:Clearing price for supplying power to Texas grid –$31.65
by dann0 on Sunday February 21, 2021 @05:38PM
(#26218036)
A free market approach also places focus on the wrong performance indicators. Why is “very low cost” even a consideration when it leads to under investment which in turn results in significant power outages for significant periods of time.
The low cost of delivery is irrelevant if there is a strong chance that I’ll freeze to death because my service provider tries to be efficient and profitable instead of trying to be 100% online.
I understand the desire to avoid waste and inefficiency, but free market approaches tend to ignore the human factors and prioritise the financial. That’s not the correct.
The low cost of delivery is irrelevant if there is a strong chance that I’ll freeze to death because my service provider tries to be efficient and profitable instead of trying to be 100% online.
I understand the desire to avoid waste and inefficiency, but free market approaches tend to ignore the human factors and prioritise the financial. That’s not the correct.