Rural Missouri - November 2021 - 31

solar energy production - the production tax credit and
the investment tax credit - should be eliminated immediately.
Between 2010 and 2029, those tax credits will cost
the federal treasury about $140 billion.
Designed to stimulate nascent industries, the production
tax credits and income tax credits have become blatant
examples of the crony corporatism that is undermining
the integrity of the electric grid. The subsidies reward
weather-dependent generation at the cost of dispatchable
generation. In , ongress agreed on a five-year phaseout
of the PTC. After that deal was struck, Sen. Charles
rassley, an Iowa epublican and alleged deficit hawk,
said, As the father of the first wind-energy ta credit in
1992, I can say that the tax credit was never meant to be
permanent. "
But the PTC keeps getting extended, including yet another
extension granted recently by the Internal Revenue
Service. For years, Big Wind and Big Solar have claimed
that they can produce the cheapest electricity. It's time for
them to prove it.
Third, the Texas Legislature will have to pass measures
that incentivize companies to build and maintain plants
that can be dispatched during times of peak demand.
Those incentives should include provisions for on-site fuel
storage at power plants. This was one of the recommendations
put forward by ERCOT in its 60-item " Roadmap
to Improving Grid Reliability " report that was released on
July 13.
During the February disaster, the most reliable power
plants were the ones that had on-site fuel: the coal and
nuclear plants. Thus, the state should give incentives for
fuel storage near power plants. For instance, diesel fuel
can be stored easily and relatively cheaply. That fuel could
be used in turbines or quick-start reciprocating engines
like the ones made by outfits like aterpillar, ummins
and Wärtsilä.
In summary, the mistake made by Texas regulators was
to treat electricity as a commodity. That's wrong. Electricity
isn't like sneakers or hot dogs. Electricity is a critical
service. The grid is the backbone of modern society, a complex
and delicate machine that connects all of our homes
and businesses to each other. Without reliable power,
modern society falls apart.
The February blackouts were the result of a government
failure to properly manage our most important network.
If Teas' elected officials don't fi the problems in T,
more blackouts, and even cost burdens for low- and
middle-income Texans, are certain.
Robert is a Texas-based author, journalist, podcaster,
lm producer nd speer wo often writes bout energ issues
is stor rst ppered in te Dallas Morning News
nd is reprinted wit permission of te utor
NOVEMBER 2021 | RURALMISSOURI.COOP 31
In summary, the
mistake made by
Texas regulators was
to treat electricity as
a commodity. That's
wrong. Electricity isn't
like sneakers or hot
dogs. Electricity is a
critical service.
http://www.RURALMISSOURI.COOP

Rural Missouri - November 2021

Table of Contents for the Digital Edition of Rural Missouri - November 2021

Contents
Rural Missouri - November 2021 - Cover1
Rural Missouri - November 2021 - Cover2
Rural Missouri - November 2021 - Contents
Rural Missouri - November 2021 - 4
Rural Missouri - November 2021 - 5
Rural Missouri - November 2021 - 6
Rural Missouri - November 2021 - 7
Rural Missouri - November 2021 - 8
Rural Missouri - November 2021 - 9
Rural Missouri - November 2021 - 10
Rural Missouri - November 2021 - 11
Rural Missouri - November 2021 - 12
Rural Missouri - November 2021 - 13
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Rural Missouri - November 2021 - 15
Rural Missouri - November 2021 - 16
Rural Missouri - November 2021 - 17
Rural Missouri - November 2021 - 18
Rural Missouri - November 2021 - 19
Rural Missouri - November 2021 - 20
Rural Missouri - November 2021 - 21
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Rural Missouri - November 2021 - 24
Rural Missouri - November 2021 - 25
Rural Missouri - November 2021 - 26
Rural Missouri - November 2021 - 27
Rural Missouri - November 2021 - 28
Rural Missouri - November 2021 - 29
Rural Missouri - November 2021 - 30
Rural Missouri - November 2021 - 31
Rural Missouri - November 2021 - 32
Rural Missouri - November 2021 - 33
Rural Missouri - November 2021 - 34
Rural Missouri - November 2021 - 35
Rural Missouri - November 2021 - 36
Rural Missouri - November 2021 - 37
Rural Missouri - November 2021 - 38
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Rural Missouri - November 2021 - 50
Rural Missouri - November 2021 - Cover3
Rural Missouri - November 2021 - Cover4
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