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by cratermoon
1941 days ago
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> ERCOT has more stringent regulations on winterization Those are voluntary though. It was inevitable that someone would say the problem was that it wasn't deregulated enough, but let's at least stick to what's known. "Instead of taking any regulatory action, we ended up getting guidelines that were unenforceable and largely ignored in [power companies’] rush for profits," https://www.texastribune.org/2021/02/17/texas-power-grid-fai... |
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It should be made quite clear that "voluntary" regulation is no regulation at all, but mere suggestions and tips that anyone is free to follow or ignore.
Thus, citing ERCOT is pointless, and would make as much sense as citing regulations of Kazakhstan as they are enforced with the same rigour and result in the same penalties.