https://freerepublic.com/focus/f-news/3936611/posts
I just posted an excellent video from the Epoch Times with an interview of Jason Isaac from the Texas Public Policy Foundation. It explains well what actually happened and the dangerous position we are in if we dont address these issues.
Green energy (solar. wind) = unreliable energy in a crisis, government policies are rewarding unreliable energy at the expense of traditional power generating sources.
Bingo!
“Wind power is an interruptible supply that is treated like a firm supply by know nothings (politicians on all sides, but especially Kerry, Obama, Biden and AOC). Ditto for solar. Electric utilities have to buy electricity from both wind and solar suppliers and then when they do not perform, the utility has to go into the market and purchase what the inefficient interruptible wind and solar suppliers don't produce, at a much higher price especially in critical time. If I were a utility and were allowed to do what made sense I would charge the correct pricing signal to the interruptible suppliers. Right now that is not happening. My guess, this pricing malfunction is causing market disruptions. “
https://freerepublic.com/focus/news/3936255/posts?page=118#118
“ Utilities are allowed a very small reserve margin. On extreme days, pipeline will call Critical Time minimizing flexibility (draw) on a daily and hourly basis. The utility's gas controllers (heroes in my estimation).will pack the line (distribution system) to meet hourly requirements. If utility customers’, aka end users’, suppliers do not nominate what is actually being used the utility will have to make up the difference. That difference will come from utility owned storage or storage services purchased from pipelines.
Utilities are governed by local Public Utility Commissions (PUC).
Pipelines are governed by the Federal Energy Regulatory Commission (FERC).”