May
22
2018

A Tale of Two States - Deregulation in Texas

Last month, the Texas Coalition for Affordable Power (TCAP) released an update to its regular report on Texas’ deregulated power market. TCAP is a not-for-profit that helps aggregate electricity purchases for dozens of cities in Texas, and so has a vested interest in monitoring the state’s complicated and ever-changing electricity markets. TCAP’s analysis can help you decide whether the Texas deregulation “miracle” is a tall tale.

I became a TCAP fan last summer after identifying them as one of the nation’s few organizations able to discuss “capacity markets” in plain English.

Since Texas is so frequently held up as an

Nov
28
2017

The Disaster of Deregulation

Earlier this year, PACE shared some thoughts about deregulation of the electric power retail markets and why it doesn’t make sense for consumers. With state legislatures across the country gearing up for 2018 sessions, it seems timely to touch on the topic again. When it comes to deregulating (or restructuring) retail electricity markets, the song remains the same. Nearly two decades of experimentation, creation of complicated behemoth markets and establishment of cumbersome oversight mechanisms has rarely, if ever, produced meaningful cost savings or competition.

Pushed by giant casinos and renewable advocates, Nevada’s Public Service Commission has recently created a new