CA is the same problem in reverse. There the politicians think they can regulate both the price and the product. Vs TX where they think the bean counters can solve everything.

Nowhere do the engineers have a voice in what actually works. So of course they are both dumpster fires.

Edit: BTW: if you remember your history a lot of CA's power problems a couple decades ago were caused by free market experiments, which were promptly exploited by TX energy traders. The fixes haven't really helped CA.