The rise in renewable energy subsidies has distorted the energy market – especially in Texas – imposing high costs to taxpayers and limiting the reliability of the electric grid. The answer to clean air is NOT through government interventions, but through embracing the free market. The U.S. serves as a model for the world and has proven that the free-market approach is the key to achieving low emissions and cleaner air overall.
Energy & Environment
Buckle up for summer blackouts: Wind is already failing Texas in spring
It’s been all quiet on the electric grid front for a few months — but don’t get your hopes up. Over the last month, electricity prices came near the $5000/MWh regulatory cap three separate times because the wind wasn’t blowing enough when the sun went down. If this sounds familiar, you’re not wrong. You may hear...
May 10, 2024