Re:Texas just got closer to blackouts than it has since 2021...
by actionfromafar on Thursday September 07, 2023 @11:32AM
(#37420457)
This only makes sense with the unstated premise that the state is helpless to regulate the market with its own set of incentives.
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Re:Texas just got closer to blackouts than it has since 2021...
by Aloha on Thursday September 07, 2023 @12:32PM
(#37421535)
Legally, it in some ways, it currently is.
Could Texas return to Integrated utilities, and Rate of Return based pricing? sure, but that'd be up to the legislature to deal with.
I think the current system surprisingly (even to me) works well, I think building in market incentives is probably easier than trying to put the genie back in the bottle.
Re:Texas just got closer to blackouts than it has since 2021...
by actionfromafar on Thursday September 07, 2023 @01:43PM
(#37422707)
“Pay Bitcoin miners” to stabilise the grid, that market incentive?