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What do you mean it’s not a free market? In the western grid I can absolutely contract for access to the grid without any kind of government intervention. So it
by kortilla 2y ago
What do you mean it’s not a free market? In the western grid I can absolutely contract for access to the grid without any kind of government intervention. So it’s definitely a free market in who can buy and the price is negotiated.
In Texas it’s just a different pricing structure with instantaneous pricing. That’s not more or less free market.
- sangnoir 2y ago> What do you mean it’s not a free market? The state government stepped in to socialize the losses incurred by private companies during the last snowstorm. Perhaps we can call it "Free markets with Texan characteristics"?
- consteval 2y agoLike most US industries, it's a Free Market* * Except big players will never go under, and substantial losses are socialized