Todd Myers outlines how Texas can prevent another energy crisis in RealClearPolicy .
- One year ago Winter Storm Uri hit Texas, taking out much of the state’s power for days.
- Some are blaming Texas’ “energy-only market” and independent grid for the power failures. In reality, there were several compounding issues including a lack of adequate infrastructure which led to blackouts.
- Some regulators are proposing changes to Texas’ power grid that could lead to the government picking energy winners and losers while bringing higher costs to consumers.
- Texas can improve energy reliability by investing in infrastructure and continuing its largely deregulated energy system.
“Rather than relying on more centralized planning, we should expand the market for electricity conservation. Providing tools and incentives for individuals to reduce electricity use during periods of high demand is the best and most efficient tool we have to avoid future catastrophic blackouts.”
Read the full article here.
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