griddy's only crime was following ERCOT's directions and charging the insane market rate set by the PUC

Her point that there isn't enough regulation in Texas still remains- ERCOT is the problem.

Texas energy is "deregulated" in name only. The PUC is appointed by the government. ERCOT is obligated to follow the PUC. The energy generators and providers are under ERCOT oversight. ERCOT shuttering Griddy for charging customers the market rate set by the PUC is the smoking gun.

These are government beaurocrats in all but official title and it is fookish to pretend otherwise. ERCOT is regulation.

We need actual deregulation and private industry, not this NGO crony shadow government crap.

I wouldn't expect AOC to understand any of that. Or you.

Regulations didn't stop ERCOT from winterizing its equipment.

And this wasn't a "black swan" event that won't happen again. This snow shit happens ever 4 or 5 years.

ERCOT doesn't have equipment. They are a regulatory council.

And while snow happens in TX almost every year, it is most often the wet fat stuff that sticks around for a few days and then melts off. The once-in-a-century event was a solid week of single digit lows, mid-teen highs, and two nights around 0°F.

The Feb 16 high at DFW International was 14. That was two degrees below the previous record low.

There are colder years than others.
Shockingly, those tend to follow the El Nino / La Nina cycles.