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The Energy Markets Podcast

S1E6: Frank Lacey explains how utilities hamper innovation and renewable energy resources in competitive retail electricity markets outside of Texas

May 19, 2021
50:43

Frank Lacey,  president and founder of Electric Advisors Consulting, explains how retail electricity competition in the dozen of so states outside of Texas is failing consumers, the economy and the environment. Lacey also explains how static comparisons of monopoly utility electricity prices with those offered by competitive suppliers, as is in vogue among some state officials to argue against competitive electricity supply for residential consumers, is fundamentally misleading. We also talk about Who's the Buyer?, a paper Lacey co-wrote last year with Rob Gramlich, founder and president of Grid Strategies. The paper on behalf of the Wind Solar Alliance details how keeping utilities involved in supplying electricity in competitive retail markets is serving as a disincentive for the adoption of renewable energy and other innovative technologies we will need to meet the Biden administration's goal of a zero-emissions grid by 2035.

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