Quote:
Originally Posted by Eddies66
It did but I don't live on the Edison grid so I wasn't effected in the 121 degree heat where I live. There are 13 major providers of electric power statewide. Not a single provider and single grid as in Texas.
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There is one grid, but many providers...
If you speak of ERCOT, they don't provide squat...
ERCOT is supposed to be the watch dog to the providers...
I guess they broke off their chain!
ERCOT came from the deregulation of energy in Texas...
Before dereg. there was still more than one provider geographically...
Houston Light and Power, and Gulf State Utilities here in the southeast part of Texas, all providers at the time were considered monopolies and had to answer to the PUC...
At that time providers were required by law to have excess capacity to prevent things like what just occurred.
Come dereg. and the landscape changed...
Now they are split into generation, sales, and distribution.
Basically adding middle men to sell electricity and of course ERCOT to manage the grid.
With that came the spot market for generation...
No longer was the a requirement for the distributor of power to maintain excess generation, (not economical to the generators)...
Then we decide we need to be green...
So...20 or 25% (not certain the exact number) of non reliable "green energy", no excess capacity, Throw in some off peak maintenance, and an Artic air blast, stir, and boom you're now at 70-80% capacity and 120% demand.
Result... Disaster...
Did anyone see it coming?...
Yes...Probably, I know I did, but I'm a nobody...
So where was ERCOT in all of this?...
The president of ERCOT lives in Michigan I hear...
The Vice president in lives in Germany?... an economics professor is what I heard.
Oh and they weren't doing on site inspections... Because...you know...covid.
What could go wrong?
Just my observations...