Competition has worked quite well to ensure reliability and affordable prices in Texas. Making capacity payments to generators is not necessary and would introduce complex and uncompetitive elements that would adversely impact Texas' competitive market.
The debate questions Americans want answered
It’s just a shame the media in control of the debate will be unlikely to focus on the most vital issues. The media have begun their predictable lead-up to the first presidential debate slated for June 27 with the usual question — “Do debates really matter?” — before answering it themselves. As Politico’s Jack Shafer...