OPINION: Government-imposed electricity costs totaled $20 billion last year
By Bill Peacock | Jul 24, 2024
Only a decade ago, Texas had the most competitive electricity market in the world, a market that produced reliable, affordable electricity. Today, the Texas electric grid has been taken over by Texas government. This has produced predictable results: reliability has plummeted while costs have skyrocketed.
OPINION: Texas Supreme Court to Determine Legality of $26 Billion Energy Tax
By Bill Peacock | Jan 26, 2024
Next week, the Texas Supreme Court will hear oral arguments to determine the legality of a 2021 Public Utility Commission of Texas (PUC) rule that arbitrarily raised the price of electricity to $9,000 per megawatt hour during Winter Storm Uri—about four times the market price at the time.
OPINION: Reliability, Affordability, and Accountability of the Texas Grid Up in the Air
By Bill Peacock | Dec 11, 2023
Concerns over the future reliability and affordability of Texas’ electric grid were brought to the forefront with the recent resignation of the person hired by the Public Utility Commission of Texas (PUCT) to monitor the performance of the Texas electricity market.
Peacock: Renewables behind Texas grid emergency
By Bill Peacock | Sep 25, 2023
When the Electric Reliability Council of Texas (ERCOT), the operator of most of the Texas electric grid, declared an Energy Emergency Alert 2 on Sept. 6 for the first time since Winter Storm Uri, it exposed how renewable energy and renewable energy subsidies are rapidly undermining the reliability of the Texas electric grid.
Op-ed: Renewable energy: Big business and big government getting rich off taxpayers
By Bill Peacock | Dec 9, 2020
Oldham County Judge Don Allred cannot stop gushing about the money the county is making off of renewable energy.“Wind has been a Godsend,” he said.
Are California’s Blackouts a Glimpse of Texas’ Future?
By Bill Peacock | Aug 28, 2020
Californians have recently seen each new day bring the prospect of more rolling blackouts.Despite warnings from the California Public Utilities Commission that blackouts could affect millions, about only 600,000 homes and businesses have lost power.