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Texas grid regulators spent $600k on a market redesign study that doesn’t consider extreme weather

Doug Lewin of Renewable Energy World reports that grid regulators in Texas spent $600,000 for a study on their market redesign that doesn’t consider extreme weather.

The C3 Take
  • Regulators in Texas are looking to restructure the state’s energy grid in response to Winter Storm Uri.
  • Many of the reforms however will not prevent future blackouts during extreme weather events, but will instead limit competition and increase utility costs.
  • Texas can protect consumers from future blackouts by weatherizing energy infrastructure and allowing competitive markets to pick energy winners and losers.

“The report essentially tells the PUCT how to redesign the market so that the grid is reliable in an average year. Average years aren’t the problem. Unfortunately, after winter 2021 and summer 2022, Texans don’t seem to be experiencing many average years anymore.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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