{"id":393570,"date":"2025-08-07T11:37:50","date_gmt":"2025-08-07T09:37:50","guid":{"rendered":"https:\/\/climatescience.press\/?p=393570"},"modified":"2025-08-07T11:38:06","modified_gmt":"2025-08-07T09:38:06","slug":"postrel-vs-free-market-electricity-exchange-and-comment","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=393570","title":{"rendered":"Postrel vs. Free Market Electricity: Exchange and Comment"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"723\" height=\"723\" data-attachment-id=\"393579\" data-permalink=\"https:\/\/climatescience.press\/?attachment_id=393579\" data-orig-file=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/08\/0AQNdvts99DO04lfNaNeX62vXX1jN2KwxKDitXJfrT52wffGmcnznp_htlKVp6LOlNPELWDA8OD6Ulsp6aD5aLcviS01VxWDWl5YGjlf0GtO8HvkWLQprUujS-fNuDmZpl_GUiPSJNYTLIK6yiAIfazN8e6xP-1.jpeg?fit=1280%2C1280&amp;ssl=1\" 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src=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/08\/0AQNdvts99DO04lfNaNeX62vXX1jN2KwxKDitXJfrT52wffGmcnznp_htlKVp6LOlNPELWDA8OD6Ulsp6aD5aLcviS01VxWDWl5YGjlf0GtO8HvkWLQprUujS-fNuDmZpl_GUiPSJNYTLIK6yiAIfazN8e6xP-1.jpeg?resize=723%2C723&#038;ssl=1\" alt=\"An illustration depicting a market scene with people browsing solar panels at booths, set against a backdrop of wind turbines and trees, with the text 'Free Market Electricity' prominently displayed.\" class=\"wp-image-393579\" srcset=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/08\/0AQNdvts99DO04lfNaNeX62vXX1jN2KwxKDitXJfrT52wffGmcnznp_htlKVp6LOlNPELWDA8OD6Ulsp6aD5aLcviS01VxWDWl5YGjlf0GtO8HvkWLQprUujS-fNuDmZpl_GUiPSJNYTLIK6yiAIfazN8e6xP-1.jpeg?resize=1024%2C1024&amp;ssl=1 1024w, 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https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/08\/0AQNdvts99DO04lfNaNeX62vXX1jN2KwxKDitXJfrT52wffGmcnznp_htlKVp6LOlNPELWDA8OD6Ulsp6aD5aLcviS01VxWDWl5YGjlf0GtO8HvkWLQprUujS-fNuDmZpl_GUiPSJNYTLIK6yiAIfazN8e6xP-1.jpeg?resize=60%2C60&amp;ssl=1 60w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/08\/0AQNdvts99DO04lfNaNeX62vXX1jN2KwxKDitXJfrT52wffGmcnznp_htlKVp6LOlNPELWDA8OD6Ulsp6aD5aLcviS01VxWDWl5YGjlf0GtO8HvkWLQprUujS-fNuDmZpl_GUiPSJNYTLIK6yiAIfazN8e6xP-1.jpeg?resize=550%2C550&amp;ssl=1 550w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/08\/0AQNdvts99DO04lfNaNeX62vXX1jN2KwxKDitXJfrT52wffGmcnznp_htlKVp6LOlNPELWDA8OD6Ulsp6aD5aLcviS01VxWDWl5YGjlf0GtO8HvkWLQprUujS-fNuDmZpl_GUiPSJNYTLIK6yiAIfazN8e6xP-1.jpeg?w=1280&amp;ssl=1 1280w\" sizes=\"auto, (max-width: 723px) 100vw, 723px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">From <a href=\"https:\/\/www.masterresource.org\/kiesling-lynne\/postrel-vs-free-market-electricity\/\">Master Resource<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>By Robert Bradley Jr.<\/em><\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">\u201cUnderlying most arguments against the free market is a lack of belief in freedom itself.\u201d \u2013 Milton Friedman<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">Even since the Great Texas Blackout of February 2021, I have tried to engage classical liberal scholars with the lost tradition of free market electricity in theory, practice, and public policy. An interesting exchange with economist Steve Postrel on social media some months ago is worth preserving, in this regard.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Postrel is very critical of Lynne Kiesling\u2019s uber-technical optimism with governmental chess pieces (wind, solar, batteries,&nbsp;<a href=\"http:\/\/www.masterresource.org\/kiesling-lynne\/kiesling-all-in-virtual-power-plant\/\">another story<\/a>). But he rejects a free market in electricity.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">I reproduce the exchange and then offer a critical comment. It began with my reference to my AIER primer:&nbsp;<a href=\"http:\/\/aier.org\/article\/free-market-electricity-a-primer\/\">Free Market Electricity<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Postrel to Bradley<\/strong>: I am familiar with the old Primeaux and Demsetz [free market] arguments, but they have little concordance with each other or with the pre-regulation utopia you try to resurrect in your article. Simply reverting to common law and property and contract law&nbsp;while removing all electricity-specific regulations would not be in line with franchise bidding, etc.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">My approach to the question of generation portfolios and transmission\/distribution investment is Coasean and empirical: It turns out electricity is an area where there is sufficient homogeneity and predictability of demand and sufficient technological\/engineering information that managerial planning rather than market discovery processes are the best way to exploit economies of scale, scope, synchronization, etc. Some public authorities seem to be pretty good at this, e.g. in France (where, not coincidentally, some of the first papers on optimal electrical capacity and peak-load pricing were written).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The outstanding problem with the current system in the U.S. that I see is that economies of scope in generating power-when-the-sun-is-shining and power-when-the-sun-isn\u2019t-shining, which are two different products, are not internalized by any agent or pricing mechanism. A combined-cycle gas plant that provides power as needed all the time is more efficient than a combination of solar\/wind plus backup\/storage for the same demand for power of both types. That will continue to be the case for the foreseeable future (decades, I suspect). But the current dispensation effectively forces solar and wind onto the grid without anyone accounting for the increased overall cost occasioned by the need to also provide power in the no-sun\/no-wind state of the world.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Bradley to Postrel<\/strong>: First, what specifically is your criticism of \u201cthe pre-regulation utopia you try to resurrect in your article.\u201d Where is the \u201cutopia\u201d and the \u201cmarket failure\u201d that suggests government intervention? Second, your&nbsp;statement \u201cmanagerial planning rather than market discovery processes are the best way to exploit economies of scale, scope, synchronization, etc.\u201d is just an assertion. Managerial planning in a free market is not at all incompatible with \u201cmarket discovery processes.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Postrel to Bradley<\/strong>: First, duplicate transmission and distribution lines are generally a bad idea. So we can, I hope, remove that occasional aspect of the pre-regulation regime from our imagined future regime. Second, Demsetzian franchise bidding requires that&nbsp;the customers in a geographic area jointly pool together to purchase from the best option, without holdouts or free-riders interfering, and the lowest transaction cost way to organize that is through government action.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Bradley to Postrel<\/strong>: Duplicate lines are bad in the real world or in theory? Where was the market failure with duplication once Insull et al. took the industry into the mature phase? That consolidation took care of a lot of inefficiencies. And why in a true&nbsp;free market would there be a duplication problem today? I also disagree that organized monopsony would not be an option and practical with information\/organization costs being so low. You vaguely speak of \u201cgovernment action\u201d as if it was costless and did not result in what we have today with MOA\/RTOs: the knowledge problem and politicization of central planning agencies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Postrel to Bradley<\/strong>: You can see the same problem with services such as garbage pickup. There is a huge technical economy in having the same truck service every building on a street or neighborhood rather than driving greater distances between stops. (OTOH,&nbsp;there is probably an X-efficiency advantage to having each building be able to switch to a competitor at will.) But the first economy is very hard to achieve without government coercion to pool all the buildings into a single buying group.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Bradley to Postrel<\/strong>: I see the duplication problem with renewables, both in generation and in transmission, but why is this a \u2018market failure\u2019 that electricity entrepreneurs cannot handle via alertness and contracts? We are talking about lines and poles and&nbsp;not \u2018tearing up the streets\u2019 with natural gas or water or other services. Single provider service over a certain geographical area makes a lot of sense in electricity, and I await a \u2018market failure\u2019 argument in theory or history about why vertical and horizontal integration is not efficient and a great way to avoid all the problems of politics\/intervention.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Comment<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">I am not at all convinced that Postrel is giving a true free market in electricity a fair hearing. I challenge his cavalier dismissal of pre-regulation history (in my paper) as being \u201cutopian.\u201d&nbsp;<strong>[1]<\/strong>&nbsp;The old duplication\/market failure argument does not hold on close inspection, and I challenge him to empirically show otherwise.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He rejects the free market with this argument (emphasis added): \u201c<em>\u2026 electricity is an area where there is sufficient homogeneity and predictability of demand and sufficient technological\/engineering information that managerial planning rather than market discovery processes are the best way to exploit economies of scale, scope, synchronization, etc.<\/em>\u201c<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Electricity is a unique product, which free market entrepreneurs understood and tamed with&nbsp;<em>vertical integration over some or several control areas<\/em>. Franchise regulation then locked-in geographical regions, which a market discovery process without public-utility regulation would reveal. Economies of scale and the need for perfect reliability were conquered in a fascinating example of entrepreneurial alertness and necessity-is-the-mother-of-invention.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A market discovery process in a real free market would redefine the industry and the firms within it. Economies of scale and scope would determine vertical and horizontal integration. Utility management would be less political and more entrepreneurial. Investors would demand new things.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Finally, why would a free market provider not be consumer-oriented with politics demoted? Should consumers be dissatisfied, how would investors react? But yes, in our new age of low transaction costs, third party entrepreneurs could well step in to negotiate \u2018global settlements\u2019 for large groups of consumers (\u201cratepayers\u201d). I disagree with Postrel; Demsetz\u2019s bargaining could have more life today than when he wrote in the 1960s.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2013<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"468\" height=\"473\" data-attachment-id=\"393573\" data-permalink=\"https:\/\/climatescience.press\/?attachment_id=393573\" data-orig-file=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/08\/image-116.png?fit=468%2C473&amp;ssl=1\" data-orig-size=\"468,473\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"image\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/08\/image-116.png?fit=468%2C473&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/08\/image-116.png?resize=468%2C473&#038;ssl=1\" alt=\"Screenshot of a social media post discussing the complexities of free market electricity and critiques surrounding it, featuring comments from Steven Postrel and Robert Bradley Jr.\" class=\"wp-image-393573\" srcset=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/08\/image-116.png?w=468&amp;ssl=1 468w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/08\/image-116.png?resize=297%2C300&amp;ssl=1 297w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/08\/image-116.png?resize=60%2C60&amp;ssl=1 60w\" sizes=\"auto, (max-width: 468px) 100vw, 468px\" \/><\/figure>\n<\/div>\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"355\" height=\"415\" data-attachment-id=\"393576\" data-permalink=\"https:\/\/climatescience.press\/?attachment_id=393576\" data-orig-file=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/08\/image-118.png?fit=355%2C415&amp;ssl=1\" data-orig-size=\"355,415\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"image\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/08\/image-118.png?fit=355%2C415&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/08\/image-118.png?resize=355%2C415&#038;ssl=1\" alt=\"Image of a social media exchange featuring comments between Rob Bradley and Steven Postrel about the free market in electricity, discussing managerial planning versus market discovery processes.\" class=\"wp-image-393576\" srcset=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/08\/image-118.png?w=355&amp;ssl=1 355w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/08\/image-118.png?resize=257%2C300&amp;ssl=1 257w\" sizes=\"auto, (max-width: 355px) 100vw, 355px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">[1] \u201cRob\u2019s snide reference to my \u2018chess pieces\u2019 is a reference to my unwillingness to agree with his Utopian dismissal of ISO\/RTO organized wholesale markets.\u201d (- Kiesling to Vernon Smith,\u00a0<a href=\"http:\/\/www.masterresource.org\/kiesling-lynne\/statism-or-free-markets-kiesling-arguments\/\">here<\/a>)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Even since the Great Texas Blackout of February 2021, I have tried to engage classical liberal scholars with the lost tradition of free market electricity in theory, practice, and public policy. An interesting exchange with economist Steve Postrel on social media some months ago is worth preserving, in this regard.<\/p>\n","protected":false},"author":121246920,"featured_media":393579,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","advanced_seo_description":"Explore the debate on free market electricity, highlighting criticisms, regulatory challenges, and the quest for efficient energy solutions.","jetpack_seo_html_title":"Exploring the Case for Free Market Electricity in the U.S.","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[691837080,691837081,691824798,691833533,691824290],"class_list":["post-393570","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-economist-steve-postrel","tag-free-market-electricity","tag-renewable-green-energy-2","tag-the-great-texas-blackout","tag-wind-and-solar-energy","fallback-thumbnail"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/08\/0AQNdvts99DO04lfNaNeX62vXX1jN2KwxKDitXJfrT52wffGmcnznp_htlKVp6LOlNPELWDA8OD6Ulsp6aD5aLcviS01VxWDWl5YGjlf0GtO8HvkWLQprUujS-fNuDmZpl_GUiPSJNYTLIK6yiAIfazN8e6xP-1.jpeg?fit=1280%2C1280&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-1EnU","jetpack-related-posts":[{"id":366230,"url":"https:\/\/climatescience.press\/?p=366230","url_meta":{"origin":393570,"position":0},"title":"The Great Texas Blackout Revisited: Market Failure Not","author":"uwe.roland.gross","date":"02\/15\/2025","format":false,"excerpt":"Four years ago, Storm Uri caused Texas\u2019s centrally planned wholesale electricity market (ERCOT) to buckle, vindicating\u00a0warnings\u00a0about the state\u2019s wind\/solar reliance. The mainstream media implicated natural gas instead, failing to explore\u00a0the why behind the why. Rather than deregulation, Texas has chosen to add wind, solar, and batteries, while subsidizing natural gas\u2026","rel":"","context":"In \"Blackout\"","block_context":{"text":"Blackout","link":"https:\/\/climatescience.press\/?tag=blackout"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/02\/0ac123c14-da9c-4e2e-8521-fc474aa5b8f3-texas_topper.webp?fit=1200%2C676&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/02\/0ac123c14-da9c-4e2e-8521-fc474aa5b8f3-texas_topper.webp?fit=1200%2C676&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/02\/0ac123c14-da9c-4e2e-8521-fc474aa5b8f3-texas_topper.webp?fit=1200%2C676&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/02\/0ac123c14-da9c-4e2e-8521-fc474aa5b8f3-texas_topper.webp?fit=1200%2C676&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/02\/0ac123c14-da9c-4e2e-8521-fc474aa5b8f3-texas_topper.webp?fit=1200%2C676&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":367548,"url":"https:\/\/climatescience.press\/?p=367548","url_meta":{"origin":393570,"position":1},"title":"The Great Texas Blackout (2021): When the Free-Market Electricity Debate Began","author":"uwe.roland.gross","date":"02\/25\/2025","format":false,"excerpt":"The Great Texas Blackout four years ago triggered a social media debate that reconfirmed \u2018classical liberal\u2019 Lynne Kiesling as an advocate of centrally planned, highly regulated electricity. It also revealed a cadre of electricity planners who bristled at the argument that government failed, including\u00a0Eric Schubert\u00a0and\u00a0Robert Borlick. The exchanges began a\u2026","rel":"","context":"In \"Battery storage technologies\"","block_context":{"text":"Battery storage technologies","link":"https:\/\/climatescience.press\/?tag=battery-storage-technologies"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/02\/0a2bfcebe-0b09-4388-9f8c-6c36d59d3999-texas_topper.webp?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/02\/0a2bfcebe-0b09-4388-9f8c-6c36d59d3999-texas_topper.webp?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/02\/0a2bfcebe-0b09-4388-9f8c-6c36d59d3999-texas_topper.webp?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/02\/0a2bfcebe-0b09-4388-9f8c-6c36d59d3999-texas_topper.webp?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/02\/0a2bfcebe-0b09-4388-9f8c-6c36d59d3999-texas_topper.webp?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":423594,"url":"https:\/\/climatescience.press\/?p=423594","url_meta":{"origin":393570,"position":2},"title":"Storm Ferm: Remember Uri (centrally planned electricity \u2018transition\u2019 in Texas)","author":"uwe.roland.gross","date":"01\/28\/2026","format":false,"excerpt":"The current cold snap (\u201cwhere is global warming when you need it?\u201d) makes timely a review of the Texas electricity debacle of February 2021. This post by Robert Bradley, \u201cWind, Solar, and the Great Texas Blackout: Guilty as Charged,\u201d was originally published by the Institute for Energy Research. As of\u2026","rel":"","context":"In \"\u201cmagical thinking\u201d policymakers\"","block_context":{"text":"\u201cmagical thinking\u201d policymakers","link":"https:\/\/climatescience.press\/?tag=magical-thinking-policymakers"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/01\/AQMu-HDswPqIyehP8-4RzGuMHDhmGzIzkpUyFZjZRq3-DWOaMOGQkhsk8K_KbcJbjbI1ao49pVTdMG_5-kuwpPz1MJVAWvgYb7ls-pVrd0cM3bs2ppNwM5vmuKeCXRey.jpeg?fit=1200%2C707&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/01\/AQMu-HDswPqIyehP8-4RzGuMHDhmGzIzkpUyFZjZRq3-DWOaMOGQkhsk8K_KbcJbjbI1ao49pVTdMG_5-kuwpPz1MJVAWvgYb7ls-pVrd0cM3bs2ppNwM5vmuKeCXRey.jpeg?fit=1200%2C707&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/01\/AQMu-HDswPqIyehP8-4RzGuMHDhmGzIzkpUyFZjZRq3-DWOaMOGQkhsk8K_KbcJbjbI1ao49pVTdMG_5-kuwpPz1MJVAWvgYb7ls-pVrd0cM3bs2ppNwM5vmuKeCXRey.jpeg?fit=1200%2C707&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/01\/AQMu-HDswPqIyehP8-4RzGuMHDhmGzIzkpUyFZjZRq3-DWOaMOGQkhsk8K_KbcJbjbI1ao49pVTdMG_5-kuwpPz1MJVAWvgYb7ls-pVrd0cM3bs2ppNwM5vmuKeCXRey.jpeg?fit=1200%2C707&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/01\/AQMu-HDswPqIyehP8-4RzGuMHDhmGzIzkpUyFZjZRq3-DWOaMOGQkhsk8K_KbcJbjbI1ao49pVTdMG_5-kuwpPz1MJVAWvgYb7ls-pVrd0cM3bs2ppNwM5vmuKeCXRey.jpeg?fit=1200%2C707&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":266695,"url":"https:\/\/climatescience.press\/?p=266695","url_meta":{"origin":393570,"position":3},"title":"Free Market Electricity: End the Blackout (Kiesling bobs and weaves)","author":"uwe.roland.gross","date":"07\/11\/2023","format":false,"excerpt":"Imagine a self-described classical liberal that cannot define classical liberalism (a\u00a0real\u00a0free market) in their area of specialty. Imagine a self-described \u201cdirectionalist\u201d who cannot define the end-state. 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(PTC vs. reliable new capacity)","author":"uwe.roland.gross","date":"02\/19\/2026","format":false,"excerpt":"The federal Production Tax Credit (PTC), which currently provides a $0.022\/kWh subsidy to qualifying renewables, is set to expire at year-end. Just the prospect of expiration has dramatically slowed new construction of industrial wind capacity, despite a raft of\u00a0other subsidies\u00a0to politically correct energy.","rel":"","context":"In \"electrical market\"","block_context":{"text":"electrical market","link":"https:\/\/climatescience.press\/?tag=electrical-market"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/02\/AQNe5xoru5ELbcArNVvKGUTyy-xu762Va-OkcxFpq37F4OwQ8Amaq4lT6llBi22iYBn4Uxu487Z4LJGVc0F4dlXCnyhdTUNgTySV-b6gxF4S1fSS665fMOcV054_XDKqLqArT-siPQLYWENmOPkp6WgSHcXvg-1.jpeg?fit=1200%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/02\/AQNe5xoru5ELbcArNVvKGUTyy-xu762Va-OkcxFpq37F4OwQ8Amaq4lT6llBi22iYBn4Uxu487Z4LJGVc0F4dlXCnyhdTUNgTySV-b6gxF4S1fSS665fMOcV054_XDKqLqArT-siPQLYWENmOPkp6WgSHcXvg-1.jpeg?fit=1200%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/02\/AQNe5xoru5ELbcArNVvKGUTyy-xu762Va-OkcxFpq37F4OwQ8Amaq4lT6llBi22iYBn4Uxu487Z4LJGVc0F4dlXCnyhdTUNgTySV-b6gxF4S1fSS665fMOcV054_XDKqLqArT-siPQLYWENmOPkp6WgSHcXvg-1.jpeg?fit=1200%2C1200&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/02\/AQNe5xoru5ELbcArNVvKGUTyy-xu762Va-OkcxFpq37F4OwQ8Amaq4lT6llBi22iYBn4Uxu487Z4LJGVc0F4dlXCnyhdTUNgTySV-b6gxF4S1fSS665fMOcV054_XDKqLqArT-siPQLYWENmOPkp6WgSHcXvg-1.jpeg?fit=1200%2C1200&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/02\/AQNe5xoru5ELbcArNVvKGUTyy-xu762Va-OkcxFpq37F4OwQ8Amaq4lT6llBi22iYBn4Uxu487Z4LJGVc0F4dlXCnyhdTUNgTySV-b6gxF4S1fSS665fMOcV054_XDKqLqArT-siPQLYWENmOPkp6WgSHcXvg-1.jpeg?fit=1200%2C1200&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts\/393570","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/users\/121246920"}],"replies":[{"embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=393570"}],"version-history":[{"count":7,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts\/393570\/revisions"}],"predecessor-version":[{"id":393582,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts\/393570\/revisions\/393582"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/media\/393579"}],"wp:attachment":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=393570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=393570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=393570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}