“Other than desperation, why would the commissioners have increased electricity prices to the point that Texans paid more for electricity in one week than they had for the last three years combined?…. At the heart of the PUC’s decision seems to be a belief in theoretical market constructs over actual markets.” “At the time, the new … Continue reading ERCOT’s SNAFU: $16 Billion? $30 Billion? (perils of central planning)