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In paragraph three you mention "the separation of generation, transmission, and distribution ..." It seems vitally important to mention the important fourth sector -- energy services -- to explain Texas' prohibition on T&D utilities. Utilities cannot own or sell electricity. That matters for electric policy issues.

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Agreed. But since this is about Order 1920, and especially since ERCOT is not FERC jurisdictional, I didn't get into those kind of details here.

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FERC Order 1920, as today's WSJ editorial states, is a special-interest, Net Zero concoction of the Biden Administration that has nothing to do with free markets. Why not ask if it is central planning and bring in the classical liberal tradition? Socialized transmission costs to get uneconomic wind and solar from nowhere to somewhere--the latest step down electricity's road to serfdom.

https://www.wsj.com/articles/federal-energy-regulatory-commission-congress-chuck-schumer-permits-cb09fbe4

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Stop letting them tell you what to do. They have no legitimate power over you. If you let them regulate anything, they will eventually regulate everything. This podcast explains the concept:

https://spotifyanchor-web.app.link/e/FZahIOwu1Jb

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Not relevant to the topic of this essay so I will delete this comment shortly.

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