The Texas builders hoped for the best and did not plan for the worst.
Indeed. It was a short-sighted decision on their part, and one that isn't going to really bite them because when all this is over and the power is back on the customers have no choice but to continue to buy it from them.
Indeed. It was a short-sighted decision on their part, and one that isn't going to really bite them because when all this is over and the power is back on the customers have no choice but to continue to buy it from them.
The trouble lies with ERCOT and the EPA not the builders. Electric companies build and maintain and shut down what the regulating officials tell them to do. Electric companies may propose different projects but if not approved they don’t build them. Right now in Texas are thousands of megawatts not being generated because of these very agencies. Hundreds of jobs lost and thousands of people in the dark freezing. Don’t blame the electric companies, they just do the state and federals bidding.