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Comment by brianwawok

1 year ago

Except the politics of texas being pro oil and anti-renewable?

In most states, with regulated utility monopolies that present a very limited menu of options for regulators to select from, the politics of the utility management and the regulatory board are important drivers on the generation mix. But also profit, and utilities make more profit with higher prices under the regulated monopoly model.

In Texas, with an open market for generators, profit is the primary driver of the generation mix. But the difference is electricity generators make more profit with lower cost generation methods, the exact opposite of regulated utilities.

> politics of texas being pro oil and anti-renewable

Pro-profit is an irresistible force against most other forces