Comment by RugnirViking
2 years ago
" the consumers of the Texas grid also benefit from this hyper-efficient cost discovery system"
I can't understand how someone that only serves to drive up the price benefits anyone except the power companies
2 years ago
" the consumers of the Texas grid also benefit from this hyper-efficient cost discovery system"
I can't understand how someone that only serves to drive up the price benefits anyone except the power companies
by setting a floor on the price, and minimum for demand, they guarantee predictable revenues to those seeking to invest in or expand their power generating capabilities
it seems to me that "those seeking to invest in or expand their power generating capabilities" falls into the category of "power companies".
Perhaps you mean to include also individuals with solar panels on their roof or whatever but thats a vanishingly small portion of both companies and individuals.
yes, that's right, i should have added the conclusion: by increasing supply, price goes down, that's how consumers benefit.
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