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WanderingEng · 1043 days ago · link · · parent · post: ERCOT triggers Texans with another warning on conserving energy
Turns out Texas' approach of having no capacity market and letting the energy market spike to fund sufficient capacity means generators may decide not to take that risk. This might be Enron 2.0 except there's nobody to blame, or rather no company because the blame rests with the state government. People like to blame ERCOT, but they're just working with the tools they're given.