Both Liberals and Conservatives Get it Wrong on TX Power


(From The Dallas Morning News)

Critics have identified several factors they think explain the outages: unreliable wind turbines, unreliable natural gas plants, the lack of interconnection with other transmission grids, and Texas’ market-based regulatory model. But what isn’t understood by opponents of a market-based model is that in order to function, even traditionally regulated top-down allocation methods require information that is inherently decentralized.

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