Is Texas the antidote to California?

Many electricity economists, including me, have argued that Texas is the antidote to California. Although neither state has implemented what I would call deregulation, the Texas model is a far sight more flexible, enforceable, and in touch with economic reality than the dysfunctional policy failure we saw in California. Texas’ electricity “deregulation” is not a … More Is Texas the antidote to California?

FERC decision on California?

According to a Dow Jones Business News report on Yahoo Financial News, the Federal Energy Regulatory Commission is meeting behind closed doors today to discuss how to proceed with enforcement in wholesale electricity markets, in California and elsewhere. Worth watching … … More FERC decision on California?