3 ms·
> I do believe that switching to variable rates would be a good idea Completely agree. Any time we try to control/subsidize costs we introduce instabilities an
by bob1029 4y ago
> I do believe that switching to variable rates would be a good idea
Completely agree. Any time we try to control/subsidize costs we introduce instabilities and bad incentives into the marketplace.
Texas grid was about as close as you could get to reality for a while. I would much prefer a situation where everyone is impacted by the cost in the same way. At grid scale, nothing can be stored, so financial arbitrage is effectively a scam.