[[where regular wind/sun droughts cause huge electricity price spikes]]
And that is exactly their goal... ka’ching! They weren’t getting enough $$ from steady prices so they anticipated a volatile system that will raise prices every time there’s a wind and solar deficit.
Gee, won’t the rolling blackouts that happen weekly be great?
“ka’ching!”
There have been two Texas-sized rip-offs.
I understand they are about $20 billion each.
The upper electric price limit of ERCOT is absurdly high.
Texans should be told to unplug their water heaters or the utilities should install cutoff devices.