24 Jan '12, 5pm

Ten Years of Texas Electric Utility Deregulation: Texas has the oldest and most successful deregulated electri...

Ten Years of Texas Electric Utility Deregulation: Texas has the oldest and most successful deregulated electri...

Texas has the oldest and most successful deregulated electricity marketplace in the U.S. A decade ago, deregulation was rolled out by the Electric Reliability Council of Texas (ERCOT) in the wake of California’s $45 billion partial deregulation fiasco . By 2008, 80 percent of Texas registered voters favored a competitive electricity market, and, by 2010, 55 percent of residential customers had selected a competitive retail electricity provider or product. In 2011, for the fifth consecutive year, an independent authority named the Texas market the best in the country. More importantly, renewable energy in Texas grew from one percent in 2002 to over 8.5 percent in 2011. Wind grew ten times over, from 2.6 million megawatt-hours to 26 million megawatt-hours, and, with over 10,000 megawatts of installed capacity, Texas led all states (and would be fifth in the world if it seced...

Full article: http://www.greentechmedia.com/articles/read/Ten-Years-in-...

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The Bag Hag Diaries: It's Electric!: (@thebaghag)

The Bag Hag Diaries: It's Electric!: (@thebaghag)

thebaghagdiaries.com 25 Jan '12, 8am

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Here is an example of the failure of deregulation.

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