CEA President David Holt spoke with The Telegraph about surge pricing in electricity markets which can leave families and small businesses vulnerable to extreme swings in energy costs.
“Extremely hot weather and extremely cold weather is going to happen,” he says. “Part of our concern is regulations that inadvertently create situations that reward volatility.
“In Texas, the lesson we learned was that surge pricing simply adds to the costs and the unreliability of the energy grid.”
Read more – The Telegraph