Right, but California took aggressive action to stop market manipulation. That was 20+ years ago. In the last several years the state has increased generation capacity, greatly increased renewables, and improved grid reliability.
People probably think otherwise because of availability bias, after that multi day outage that made headlines nationwide a few years ago. (In the same way that people overestimate the danger of plane crashes because they're rare but dramatic.)
1: https://www.usnews.com/news/best-states/rankings/infrastruct...
Anyway, I'm not saying Texas' grid is great. It isn't. But California is well below average in power reliability.
> In the last several years the state has increased generation capacity, greatly increased renewables, and improved grid reliability.
It must have been truly terrible before.