- Feb 24, 2021 5:28 pm GMT
As a consumer, and former employee of an ISO familiar with capacity markets, I completely agree with NYISO. I'll take reliable grid electricity at the cost of a few dollars per month for capacity payments over scarcity pricing, like they have in Texas charging consumers $17,000 for 3 days of electricity (that's the effect of scarcity pricing), every day of the week. Properly designed capacity markets ensure grid reliability at a just and reasonable cost to consumers.
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