The article is correct, Owners don’t have to run the unit but anyone with a generator wanted the unit on line during the whole freeze. Some plants were making a million an hour.
If the power plants were bid into the Non-Spin market or Day Ahead and they weren’t online, they will be heavily fined.
As I understand it, in Texas the transmission infrastructure is publicly owned but the generation plants are privately owned. Regulators set caps on pricing but they are pretty generous. Normal cost is about $20 to $30 per MWh but at the height of the crisis hit the $9,000 per MWh cap so like 360 times the norm. All tangential stuff seen on the Internet so may not be accurate but what I've read anyways.
Big fire requires big water. Even if they have the equipment to get water from ponds and the like (and I'm betting they don't, most cities don't) , you can only get and move so much.
During the Northeast blackout of 2003 Cleveland made a statewide call for tankers because almost all of their water is pumped from Lake Erie and they had pretty much 0 water pressure.
Last edited by TQP; 02-21-2021 at 12:57 PM. Reason: One day, I'll insert a link the right way the first time. Or the second time.
'Nobody ever called the fire department because they did something intelligent'
My electric rate has 2 parts. I pay the grid provider (Oncor, here) a regulated fee for power delivery.
Then I negotiate with private sellers or brokers for the cost of electrons. I pay the Oncor fees on the same bill as electric.
There is no required minimum contract for the electron provider, and there are tools that help folks find the best rate and change monthly. Well, when the grid goes TU and your monthly rate has expired, you get the privilege of paying huge bucks for your next supply of electrons
https://www.griddy.com/
IMO, I would not rescue folks who took advantage of the cheapest rate. Sometimes you don't learn unless you suffer some consequences. YMMV.
"No free man shall ever be debarred the use of arms." - Thomas Jefferson, Virginia Constitution, Draft 1, 1776
“... Variable-rate plans are enticing to many people because the price of electricity is often low during normal weather conditions, and because it theoretically allows people to use more electricity when the price is lower — for example, by running appliances overnight.
But when a winter storm caused Texas' grid to all but shut down last week, the wholesale price of electricity skyrocketed.
One of the most popular wholesale plans in the state is offered by the company Griddy. As the storm moved in, the company took the extraordinary step of urging its customers to switch to a different electricity provider. But it was too late for many residents. Switching electricity companies can take days, and in the meantime the price of electricity increased dramatically.”
“The average price for electricity in Texas in the winter is about 12 cents per kilowatt-hour, according to the U.S. Energy Information Administration. Texas utility regulators allowed that price to rise to $9 per kilowatt-hour.”
https://www.npr.org/sections/live-up...electric-bills
And Jerry Jones is making huge profits on gas....
“... Yet Comstock Resources is selling gas at prices ranging from $15 per thousand cubic feet to $179 per thousand cubic feet, a markup of between 600% and 7500% over pre-crisis levels.”
https://www.si.com/nfl/2021/02/19/je...s-power-crisis
Just a quick update,
It was close to 80 degrees in Austin today, I changed the oil in the big generator today, and ran it for another 5 min. All power cords, USB chargers and other things have been returned by neighbors.
I've got a pretty good list of things that need to be added/upgraded to work better for the next outage. I'll wait until the stores are back to normal to get them.
I neglected to bring up this image/these words that never left my mind while this whole episode was happening.
Thank you, Matt Graham
Gringop (Always Be Working)
Play that song about the Irish chiropodist. Irish chiropodist? "My Fate Is In Your Hands."
Old news on high charges, but new story on how high ($16,000+): https://www.nytimes.com/2021/02/20/u...ric-bills.html
Similar to what was just posted by gringop: https://www.cbsnews.com/news/tim-boy...power-outages/
"No one owes you [or] your family anything; nor is it the local government's responsibility to support you during trying times like this!" he said. "Sink or swim it's your choice! The City and County,
along with power providers or any other service owes you NOTHING! I'm sick and tired of people looking for a damn handout."
"Rich," the Old Man said dreamily, "is a little whiskey to drink and some food to eat and a roof over your head and a fish pole and a boat and a gun and a dollar for a box of shells." Robert Ruark