Last week’s Reckoning post featured findings from a Wall Street Journal article that demonstrated our power grid is becoming less reliable, and I added that this would accelerate in the wrong direction over the next ten years. Like the Texas fiasco of February 2021, the causes of unreliability are smeared over many stakeholders such as regulatory, state, and federal government agencies, power suppliers, and voters. Utilities can be stuck in the middle, attempting to keep prices low while maintaining profits and keeping the pitchforks and torches at bay. Talk of adding an efficient combined-cycle natural gas plant will draw pitchforks…
Read More
