David Blackmon writes in Forbes about Texas’ proposed grid restructuring.
- Texas regulators have recommended a plan to restructure the state’s power grid to favor thermal generation like natural gas and coal-fired power plants.
- While regulators claim that the plan will improve reliability and avoid future blackouts, it will have little impact on reliability and be extremely expensive for consumers.
- It will also discourage renewable energy development, which would be especially harmful to the economies of rural communities.
- Policymakers should maintain Texas’ tradition of limited government and adopt policies that allow markets, not the government, to pick energy winners and losers.
Read the full article here.