Will the plucky rebels survive? Wind, solar and batteries have been so successful under Texas' minimally regulated, heavily market based grid, that fossil billionaires have had a values clarifying moment, and activated the Death Star. Screw that free market capitalism stuff. This is about our money. Get me the Texas legislature on the line. All…
New bills being considered in the Texas legislature that would shift the state’s power generation away from renewable energy and back toward natural gas could also drive up energy costs for consumers living in the state, threatening price pain on top of environmental consequences.
Texas utility regulators are finally considering a major overhaul of the state’s energy market early next year. But the plan they’ve come up with could cost consumers billions of dollars to the benefit of the state’s fossil fuel plants and does nothing to improve the reliability of the state power grid, according to a consultancy company called ICF on behalf of the Texas Consumers Association.