You are uninformed. ERCOT is heavily influenced (“owned”) by Investor Owned Utilities (IOUs) and market makers that are profit seeking entities. This is true of

You are uninformed. ERCOT is heavily influenced (“owned”) by Investor Owned Utilities (IOUs) and market makers that are profit seeking entities. This is true of all ISOs for all intents and purposes. It is the primary reason why the U.S. grid is slow to innovate/change, e.g., implementing distributed generation participation in wholesale markets, etc.