Energy

Commentary

Ending Renewables, Not Adding New Regulations, Will Restore Grid Reliability

This headline in last week’s Houston Chronicle captured all that is wrong with the Texas electricity market: Since 2013, when the Operating Reserve Demand Curve was approved, the Texas Legislature has sought to deal with the grid reliability problems caused…

Commentary

More Government Intervention Will Not Solve the Problems Facing the Texas Grid

Since 2011, market participants, regulators, and watchers have understood that intermittent energy sources—wind and solar—are causing three major problems in the ERCOT electric market.  First, their intermittency has increasingly pushed the grid towards unreliability. Second, they have driven reliable thermal…

News

Trump’s First Week and Fiscal Policy

Since President Donald J. Trump was sworn into office on January 20th, he’s been working non-stop to undo the disastrous policies of the Biden Administration and fulfill his campaign promises. As of Friday, Trump has signed dozens of executive orders,…