Re:California grid set record of 97% renewable power on April 3
by csours on Wednesday April 20, 2022 @08:19PM
(#31104718)
The Texas spike was not what customers were willing to bear, the Texas spike was set to the max price by the regulator because they thought the pricing system wasn't working.
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Re:California grid set record of 97% renewable power on April 3
by sangnoir on Wednesday April 20, 2022 @09:00PM
(#31104958)
> Texas spike was set to the max price by the regulator...
IIRC, a member of ERCOT who resigned claimed high-ranked state politician(s) pressured the regulator to do set the max price - so it wasn't the independent judgment of the regulator that the system was working; or that this was the solution.