Texas’ power grid was “seconds and minutes” away from a catastrophic failure that could have left Texans in the dark for months, officials with the entity that operates the grid... Who's Online | Find Members | Private Messages
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Texas cold snap caused power grid to be "seconds and minutes" away from months-long power outages

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17 days ago - Friday 2/19/21 - 4:07:01 PM EST (GMT-5)
Texas’ power grid was “seconds and minutes” away from a catastrophic failure that could have left Texans in the dark for months, officials with the entity that operates the grid said Thursday.

As millions of customers throughout the state begin to have power restored after days of massive blackouts, officials with the Electric Reliability Council of Texas, or ERCOT, which operates the power grid that covers most of the state, said Texas was dangerously close to a worst-case scenario: uncontrolled blackouts across the state.

The quick decision that grid operators made in the early hours of Monday morning to begin what was intended to be rolling blackouts — but lasted days for millions of Texans — occurred because operators were seeing warning signs that massive amounts of energy supply was dropping off the grid.

https://www.texastribune.org/2021/0...
15 days ago - Sunday 2/21/21 - 7:26:19 AM EST (GMT-5)
“What happened was entirely predictable,” power distribution expert attorney Beth Emory said of the blackouts. She told me this twenty years ago, after the first blackouts in Texas and California, following the cruel experiment called “deregulation” of the power industry.

Until 1992, the USA had just about the lowest electricity prices in the world and the most reliable system.

For a century, power companies had been limited by law to recovering their provable costs plus a “reasonable,” i.e. small, profit. But in 1992, George H. W. Bush, in the last gasps of his failed presidency, began to deregulate the industry.

Bush’s son,” Texas Gov. George W. Bush, signed a law in 1999 forcing the state’s hapless customers to accept any price the “free” market dictated. Enron’s CEO Ken Lay showed his appreciation by becoming Baby Bush’s number one donor for Dubya’s presidential ambitions."
15 days ago - Sunday 2/21/21 - 7:27:01 AM EST (GMT-5)
"This week, wholesale electric prices in Texas, normally $50 per megawatt-hour, busted over $9,000/MWHR. Again. It happens with every cold snap and heat wave. One shop owner, Akilah Scott-Amos, showed the Daily Beast her electric bills which blew up from $34 per month to $450 for a single day.
Every state in America interconnects their power lines to provide back-up in case of emergencies. Except Texas. To prevent federal regulation, Texas deliberately has refused to connect its lines to other states.

The federal government, which has restored a modicum of protection, can only police utilities that are connected to the national grid. So, Texas literally cut itself of from the rest of the USA’s electric system."
15 days ago - Sunday 2/21/21 - 7:28:37 AM EST (GMT-5)
"Texas Governor Greg Abbott blames windmills for this week’s deadly disaster — some wind farms froze.

But California is sitting on massive excess power capacity. With 80,000 megawatts of capacity, the Golden State often gives away power free to other states. This week, the sun is shining here in LA — and our solar, wind and hydro generators could easily un-thaw Texas if the Lone Star hadn’t been Lay’d by the Bushes."

Greg Palast

I don't know much about Texas' power. But Greg Palast does. I trust him more than any of the criminals in power in the USA or your sh*t media. Repbulican voters are some of the dumbest mother f*ckers on earth.
15 days ago - Sunday 2/21/21 - 8:30:54 AM EST (GMT-5)
I would say that Democrat Politicians are some of the dumbest motherf*ckers on earth because they regularly get beaten by Republicans who pull sh*t like this.
15 days ago - Sunday 2/21/21 - 9:11:34 AM EST (GMT-5)
On Sunday 2/21/21 - 8:30:54 AM Boredofu wrote:
I would say that Democrat Politicians are some of the dumbest motherf*ckers on earth because they regularly get beaten by Republicans who pull sh*t like this.

They’re spineless and they play stupid games like “unity” that republicans beat them over the head with. It’s why they’ll lose the midterms.
15 days ago - Sunday 2/21/21 - 12:03:28 PM EST (GMT-5)
On Sunday 2/21/21 - 8:30:54 AM Boredofu wrote:
I would say that Democrat Politicians are some of the dumbest motherf*ckers on earth because they regularly get beaten by Republicans who pull sh*t like this.


they can't use the "we're not trump" strategy anymore, so they actually have to do their jobs and prove themselves to the voters. people who vote based on a single letter next to the name on the ballot, that's the real problem in America if you ask me.
15 days ago - Sunday 2/21/21 - 2:21:53 PM EST (GMT-5)
And the last strategies of the Republicans were We're not Joe and we're not Hilary and we're not a Black Terrorist who was born in Kenya.
15 days ago - Sunday 2/21/21 - 2:42:46 PM EST (GMT-5)
On Sunday 2/21/21 - 2:21:53 PM Boredofu wrote:
And the last strategies of the Republicans were We're not Joe and we're not Hilary and we're not a Black Terrorist who was born in Kenya.


which isn't any better than what dems were doing obviously. but this could have been prevented if they didn't privatize the entire state's grid.
15 days ago - Sunday 2/21/21 - 2:46:51 PM EST (GMT-5)
i still have my concerns about government getting into certain industries, don't get me wrong. but i'd put utilities in the same class as roads and police in that they shouldn't be privatized.
15 days ago - Sunday 2/21/21 - 3:09:13 PM EST (GMT-5)
On Sunday 2/21/21 - 2:46:51 PM Inquizitor2 wrote:
i still have my concerns about government getting into certain industries, don't get me wrong. but i'd put utilities in the same class as roads and police in that they shouldn't be privatized.


lOok a mArxiSt, buRn hiM.
15 days ago - Sunday 2/21/21 - 3:49:23 PM EST (GMT-5)
On Sunday 2/21/21 - 2:46:51 PM Inquizitor2 wrote:
i still have my concerns about government getting into certain industries, don't get me wrong. but i'd put utilities in the same class as roads and police in that they shouldn't be privatized.


Privatized and deregulated are 2 different ponies.
14 days ago - Monday 2/22/21 - 12:04:42 PM EST (GMT-5)
Having the government run the electric companies would be even worse.

Take Puerto Rico for example:

"Electricity in Puerto Rico is just like in the U.S.A., except that it is much more expensive!"

"The electricity in Puerto Rico is fairly reliable; a bit more unreliable than when I lived in the U.S. but not too bad, there are unannounced outages and I have had the power go out when there are strong thunderstorms but not always. However, when a tropical cyclone is affecting the island, expect the power to go out for days. It is not a bad idea to have a backup generator"

Link
14 days ago - Monday 2/22/21 - 12:07:24 PM EST (GMT-5)
Governments are run by politicians, not businessmen

Why Government Can’t Run a Business
14 days ago - Monday 2/22/21 - 4:49:09 PM EST (GMT-5)
Why can't you explain your own POV instead of posting some arse link?
14 days ago - Monday 2/22/21 - 4:52:09 PM EST (GMT-5)
Noldor...do you think it is fair for a private company to raise their prices providing an essential service to the point where you are charging 16000 for 2 weeks of utilities?

simple question.
14 days ago - Monday 2/22/21 - 5:31:02 PM EST (GMT-5)
What do they charge normally for those 2 weeks of utilities?
13 days ago - Tuesday 2/23/21 - 7:18:54 AM EST (GMT-5)
On Monday 2/22/21 - 4:52:09 PM sheady wrote:
Noldor...do you think it is fair for a private company to raise their prices providing an essential service to the point where you are charging 16000 for 2 weeks of utilities? simple question.

So long as they give you fair warning of the price, which they did in this case. When the supply of something is low, the price goes up. It’s not like they just want to make money, it’s more like, we don’t have anything to give you, but if you pay this much, then we can afford to find some electricity somewhere to give it to you.
13 days ago - Tuesday 2/23/21 - 7:23:31 AM EST (GMT-5)
Being an essential service is beside the point. If there’s nothing to give, then there’s nothing to give. Even if you had the government running the show, there would be nothing to give. This was a rare occurrence in Texas that they were totally unprepared for.
13 days ago - Tuesday 2/23/21 - 10:26:49 AM EST (GMT-5)
On Monday 2/22/21 - 4:52:09 PM sheady wrote:
Noldor...do you think it is fair for a private company to raise their prices providing an essential service to the point where you are charging 16000 for 2 weeks of utilities? simple question.
On Tuesday 2/23/21 - 7:18:54 AM Noldor wrote:
So long as they give you fair warning of the price, which they did in this case. When the supply of something is low, the price goes up. It’s not like they just want to make money, it’s more like, we don’t have anything to give you, but if you pay this much, then we can afford to find some electricity somewhere to give it to you.


dude I seriously cannot wait for you to be on the receiving end of something like this then see your opinion. it is price gouging and obscene. I look forward to the law suits that are already coming from the deaths caused by this pooshow.
13 days ago - Tuesday 2/23/21 - 10:35:04 AM EST (GMT-5)
On Monday 2/22/21 - 5:31:02 PM CowDung wrote:
What do they charge normally for those 2 weeks of utilities?


literally a 2 second google search shows you WAY less than 16k.

Texas $135.66 average bill for Nov 2020

or 0.004% of $16,000 for a two week period.
13 days ago - Tuesday 2/23/21 - 11:31:32 AM EST (GMT-5)
Yes, way less than what others on the fixed rate were paying as well.

That's they way the plan works- - they pay according to wholesale prices, which is variable. Most of the time, the rates they pay are far less than what others (on a fixed rate plan) are paying.

If they accept the benefit of lower prices, they need to accept the penalties of higher prices when the wholesale prices change.
13 days ago - Tuesday 2/23/21 - 11:33:35 AM EST (GMT-5)
On Tuesday 2/23/21 - 10:26:49 AM sheady wrote:
dude I seriously cannot wait for you to be on the receiving end of something like this then see your opinion. it is price gouging and obscene. I look forward to the law suits that are already coming from the deaths caused by this pooshow.


Dude- - it's not price gouging.

Griddy always makes the same $10/month from their customers no matter what the current electricity cost is. Did you not read any of the articles I linked on the other thread?
13 days ago - Tuesday 2/23/21 - 11:39:30 AM EST (GMT-5)
On Tuesday 2/23/21 - 10:26:49 AM sheady wrote:
dude I seriously cannot wait for you to be on the receiving end of something like this then see your opinion.


My opinion would be exactly the same. As CD pointed out, they aren't raising prices to "gouge" the customer. It costs them more money to provide that service to you too.
13 days ago - Tuesday 2/23/21 - 11:42:07 AM EST (GMT-5)
On Monday 2/22/21 - 4:49:09 PM Boredofu wrote:
Why can't you explain your own POV instead of posting some arse link?


I posted a link to show that I'm not pulling economic theory out of thin air.

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