ERCOT Reliability: Systematic Unpreparedness | McCullough Research

By Richard Brooks “The mission-critical arena of winter season reliability is too societally important to be governed by Adam Smith’s “invisible hand” of the market, and an artificially constructed and imperfect marketplace at that” “The economic theory implemented by the Texas Public Utilities Commission assumes that skyrocketing prices during system emergencies will create..

Click headline for full article

Read Full Article Here

For more great articles: The Energy Collective – The world’s best thinkers on energy & climate

(Visited 7 times, 1 visits today)

Comments

comments



© 2014 RenewaNews