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re: Reasons why Texas power grid failed:

Posted on 2/16/21 at 8:44 pm to
Posted by cave canem
pullarius dominus
Member since Oct 2012
12186 posts
Posted on 2/16/21 at 8:44 pm to
Blah blah blah, he is FOS

Bottom line, private companies do not like to carry spare capacity just in case you need it as that is expensive and financial decisions based on this led to a shortfall.

This is the downside to deregulation and a "free market", it is what it is.
Posted by back9Tiger
Mandeville, LA.
Member since Nov 2005
14167 posts
Posted on 2/16/21 at 8:45 pm to
Guess you failed to read the part of federal pollution
Regulations. He’s not full of shite at all... this was a failure at the political and private level... plenty of blame to go around.
Posted by Clames
Member since Oct 2010
16629 posts
Posted on 2/16/21 at 8:54 pm to
quote:

Blah blah blah, he is FOS

Bottom line, private companies do not like to carry spare capacity just in case you need it as that is expensive and financial decisions based on this led to a shortfall.



You are actually proud of how stupid and uneducated you are.
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 2/16/21 at 9:07 pm to
Expecting anybody to have the extra capacity just laying around to handle an event of this size is a dumb shite.

Then people would whine about their electric bills because financing it isn’t free
Posted by TOSOV
Member since Jan 2016
8922 posts
Posted on 2/16/21 at 9:07 pm to
quote:

This is the downside to deregulation and a "free market", it is what it is.


And what were/are some upsides to deregulation?
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
68152 posts
Posted on 2/16/21 at 9:09 pm to
quote:

Bottom line, private companies do not like to carry spare capacity just in case you need it as that is expensive and financial decisions based on this led to a shortfall.


they won't build it if they won't get paid

how many people do you know that work for free?
Posted by MrFizzle
Baton Rouge
Member since Feb 2012
496 posts
Posted on 2/16/21 at 11:18 pm to
quote:

Blah blah blah, he is FOS

Bottom line, private companies do not like to carry spare capacity just in case you need it as that is expensive and financial decisions based on this led to a shortfall.

This is the downside to deregulation and a "free market", it is what it is.


I not only agree with some part of this but the fact is Illinois, Kansas, and colder states have hundreds upon thousands of windmills, Texas was just too damn cheap/stupid to realize inclement conditions happen.
Posted by Volvagia
Fort Worth
Member since Mar 2006
51914 posts
Posted on 2/17/21 at 12:11 am to
quote:

Bottom line, private companies do not like to carry spare capacity just in case you need it as that is expensive and financial decisions based on this led to a shortfall.



Given the core issue for the majority of generation shortage is getting fuel to the Plants to burn......how exactly would having more plants be a solution?
Posted by WaWaWeeWa
Member since Oct 2015
15714 posts
Posted on 2/19/21 at 11:44 pm to
quote:

Bottom line, private companies do not like to carry spare capacity just in case you need it as that is expensive and financial decisions based on this led to a shortfall. This is the downside to deregulation and a "free market", it is what it is.


Would you admit there are downsides to government control?

I’ll take 3 days without power every 25 years rathe than give up all control to the government.
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