ERCOT has done a great job of setting up incentives, getting out of the way, and letting markets solve their problems. Working with CAISO and then going to set up batteries in ERCOT was such a breath of fresh air for an old team of mine.
And tax payers pay for their F ups and then some additional bonuses to the gas traders of BP when Texas freezes.
https://www.bloomberg.com/news/articles/2021-04-27/bp-emerge...
And tax payers pay for their F ups and then some additional bonuses to the gas traders of BP when Texas freezes.
https://www.bloomberg.com/news/articles/2021-04-27/bp-emerge...