An options market solves this without regulation
Posted via D.Buzzhttps://www.forbes.com/sites/jonathanponciano/2021/02/20/17000-electric-bill-deregulated-power-grid-texas-griddy/?sh=244899c358ba
An options market solves this without regulation
Posted via D.Buzzhttps://www.forbes.com/sites/jonathanponciano/2021/02/20/17000-electric-bill-deregulated-power-grid-texas-griddy/?sh=244899c358ba
Yep. My country uses options to smooth the cost from.wholesalers to retailers. Retailers to customer are fixed prices per unit. Options work great.
Posted via D.Buzz
What the hell? Are they serious? I know that electricity is scarce in Texas right now but those electric bills are insane. It's electricity not some antique painting or rare metals.
Posted via D.Buzz
Supply and demand ¯_(ツ)_/¯