“Artificially low electricity prices offered by renewable generators in Texas have led to bankruptcy for non-renewable generators, including Panda Temple Power, Energy Future Holdings, and Exelon Generation Texas Power.” While sellers offer special promotions, negative prices in electricity markets make no sense except in the context of renewable energy subsidies. ERCOT explains the anomaly: Market prices tend to go … Continue reading Wind Subsidies and ‘Predatory Pricing’ in Texas (Part II: Harming ERCOT)