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.
Read the full article here.