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ERCOT, PUC, and deregulation got us here


cactusflinthead

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39 minutes ago, CooterBrown said:


The solar and wind installations use too much electricity.

You know that excuse is coming soon.

One meme I saw this week claimed it costs more energy to make a wind installation than it produces.

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Posted (edited)
25 minutes ago, Al Bundy's Napoleon Hand said:

Not to mention windmill cancer. 

Also, they are big polluters and they kill birds...so they say. Evidently, the memo is out right now to hate wind production.

 

 

Edited by Woland
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2 hours ago, pyrohornIII said:

I'm going to predict we lose more Texans to heat related deaths this summer than we lost to the freeze.   And our Texan voters won't care.  

The GOP platform is basically a lot of you people who voted for us are going to die but fuck Mexicans 

 

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1 minute ago, Horn Under a Bad Sign said:

I'm sorry, didn't I read statements by Abbott in December and January that everything was fine and the Texas power grid would keep the lights on?

Pssh. You think voters remember anything before yesterday?

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7 minutes ago, Biff Tannen said:

Pssh. You think voters remember anything before yesterday?

If Beto is any kind of campaigner, he’ll exploit this all summer long.

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I agree:


So asking Texans to wear a mask to the grocery store during a global pandemic of an airborne virus in order to protect human lives was a bridge too far...but it's okay to ask us to live like the Amish for a weekend during a heat wave to avoid making Republicans fix the grid?”

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9 hours ago, Satchel said:

From the article:

Quote

Abbott has seized on a different strategy for shoring up the grid: cryptocurrency. After China banned the mining of cryptocurrency, last June, a number of crypto-mining companies established or expanded their presence in Texas. The state’s deregulated electricity market means that Texans pay some of the lowest prices for electricity in the country (at least, when extreme weather doesn’t distort the market), making the state a natural choice for cryptocurrency mining, which essentially converts electricity to money. Crypto-mining facilities in Texas already consume enough electricity to power several cities. By 2023, it is estimated that ercot will account for twenty per cent of the global bitcoin network, and, by the end of that year, the state’s crypto-mining facilities’ power demands may have increased by as much as fivefold. This would seem to be a questionable move for a place with a demonstrably fragile grid. But Abbott has aggressively courted crypto companies, arguing that the energy-hungry industry will make Texas’s grid more resilient by encouraging energy providers to build more capacity. That capacity hasn’t yet arrived. In the meantime, some crypto-mining companies have arrangements with ercot that allow them to benefit from the fragility of the system: when heightened demand sends electricity prices soaring, the miners agree to shut off their servers and get paid for funnelling power back into the grid. 

 

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Like I’ve said around here before on numerous threads, it doesn’t matter what the question is, or what the policy conundrum is, the answer/solution is the same:

CRYPTO!!!!!

Zero effort to implement mechanisms that have been proven to work for decades. Zero effort to take measures that will have manageable costs, but little glamour. Nope….no matter what the issue, CRYPTO!!! is the answer.

Stupidest f’n timeline.
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8 hours ago, PenelopeWitherspoon said:

Thanks you, Governor Greg Abbott.  Thanks to your incompetence and refusal to fix the Texas grid, our power traders will most likely be able to make a fortune trading in the Texas power markets due to high price volatility.  My bonus thanks you.

Use the bonus to sponsor abortions.   Or visit Japan during that Kyoto festival

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You know, they say that by Christmas of 1914 it was pretty obvious neither side would ever get the upper hand and it would be slow, grinding stalemate. Every wonder how it felt to watch a trainwreck about to happen in real time?  About like this.  

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32 minutes ago, David Dennison said:

Show of hands . . . who set their thermostat on 78 yesterday? Who is going to do it today? Tomorrow?

 

I'm not doing my part.  

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Just got back from the domain (dammit) and half the stores have their front doors open while blasting the AC. Residents shouldn’t be the ones tasked with conserving power when these fucksticks are gobbling it up. 

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Just got back from the domain (dammit) and half the stores have their front doors open while blasting the AC. Residents shouldn’t be the ones tasked with conserving power when these fucksticks are gobbling it up. 

Amazes me that the developers of these outdoor malls think they can take what only works well in California and plop it rest of the country with no changes to the architecture or design.


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24 minutes ago, Biff Tannen said:

Just got back from the domain (dammit) and half the stores have their front doors open while blasting the AC. Residents shouldn’t be the ones tasked with conserving power when these fucksticks are gobbling it up. 

I guarantee you that it's about 65 degrees in my office right now.

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