The ideal I suppose was that there was supposed to be so much abundant competition that IPPs would compete away all their profits and the consumer will get the lowest marginal price right. And to be fair this happened once during the "dash to gas".
But like just like that old saying in Tennessee goes:
piped.video/Hl7FKfl3O2Y?is=kPZO…
Link
Fool me once, shame on you
Shame on..... Shame on you........
youtube.com