Comment by jaccarmac

The last couple years of evidence suggests that keeping the grid up requires a certain amount of central planning. On one hand, the frequency must remain relatively stable, globally. On the other, consumers don't want to deal with every fluctuation of the price (as they found out when they were exposed to the spike prices during spring '21). On principle, Texas is going to make sure that the energy sector is taken care of financially, so we end up in the situation we're in: Advertise the grid as market-purely as you can, engage in just enough planning to keep it up and the money flowing.