Quote:
Originally Posted by Piotrsko
You cant just cherry pick datapoints or graphs proving your point. Other events in Cali caused those changes that were not related to the production costs.
One that comes to mind was PGE (the other supplier) went into bankruptcy from mismanagement
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The primary datapoint we need to concern ourselves with is deregulation
Within months of deregulation the California grid became unstable and prices went up
Deregulation of the electric grid has never worked, in every market where it is tried grid stability goes down, failures go up, maintenance becomes rare and prices increase
https://www.utilitydive.com/news/app...esults/555566/