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#9: Justin Lopas - Introducing the Next-Gen Home Battery
First Principles with Christian Keil
Understanding the Texas Energy Market
The Texas energy market allows consumers to choose their power provider, while utilities are regulated monopolies. Companies like Center Point own the infrastructure but do not sell or generate energy. The market operates as a free trading market where energy prices change every 15 minutes based on supply and demand. Prices vary geographically due to congestion on the grid, reflecting the market dynamics.
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