Electricity Markets: Contrived/Distorted vs. Real (debating the Texas Blackout)

“‘Unintended consequences of government intervention?’ Are you f***in’ kidding me? What just happened is a direct consequence of insufficient government intervention!” (Robert Borlick, energy consultant) “No, with due respect. When the system loaded up on renewables, who would have known that low-to-negative marginal-cost pricing would have ruined the economics of baseload generators and natural gas … Continue reading Electricity Markets: Contrived/Distorted vs. Real (debating the Texas Blackout)