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   Kevin Leecaster (greenfire@mstdn.social)'s status on Friday, 01-Mar-2024 13:02:28 JST Kevin Leecaster

   in reply to

   @dalias
   ERCOT is a good example of why anecdotes can't be used to base policy on.

   In a non-regulated market in which producers may use renewable and non-renewable sources to produce electricity.
   Dynamic pricing increases investment in renewables if, under static pricing, producers mix both sources; and reduces investment if, under static pricing, producers only use renewables. In both cases, dynamic pricing improves welfare as consumers and producers become better off.
   https://www.sciencedirect.com/science/article/abs/pii/S0360544220308021