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ERCOT

Inevitable

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The Complexity of Distributed Energy

The question is, do we need to make a radical change to the market design in response to this one off event, or can the market react to it on its own. It sounds a little bit like the strategic oil reserve of the US federal government to some extent, like the same kind of model. And so that's what markets are good at is to help manage risk and make very complex decisions. But at the same time, it's really getting into a complex area of law and economics that really deserves a thorough consideration before you make drastic changes.

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