State control of the electricity supply chain has proven disastrous. The solution is for Texas to return control of its grid to its utilities. The state regulated incentive to game the ERCOT market should be removed. The state can go back to enforcing utility contracts and imposing accountability on utilities in return for reliable and fairly priced electricity for 26 million customers. The state can go back to an oversight role and put the business of delivering electricity back into the hands of business.
Read the full column in Utility Dive.