Mistakes in electricity market only cut one way in Texas

Houston Chronicle By Chris Tomlinson

Grid operator reluctant to claw back consumer’s money from generators

People make mistakes. That’s why a well-designed system makes it easy to correct mistakes simply and quickly when they happen.
Houston Public Media reported this morning a mistake that cost electricity customers tens of millions of dollars and enriched power companies, and how the Texas wholesale market has failed to correct the mistake. The scoop is a reminder of what happens when public servants become too …

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