Moar Windmills and Solar panels.
I guess solar and wind power does cost more.
Who buys electricity in the spot market? I suppose that Retail Electric Providers are the buyers, but 90%+ of their electric purchases are long-term contracts for baseline usage.
CenterPoint energy in Houston has been order by ERCOT to commence rolling blackouts due to the demand.
That’s a lot of green.
Sounds like their plan didn’t anticipate a punch in the mouth.
“Everybody has a plan until they get punched in the mouth.” Mike Tyson.
So what does that mean to a consumer or business?
Do they get it with an electric bill 100x normal?
Someone ask Jen P. “If this happens again and most of the fossil fuel generating plants are closed, where does the electricity come from?”
And don’t take “circle back” for an answer.
Sounds more like a mafia scheme during Prohibition, than in the technologically advanced next millenium.
$9/kwh wholesale is huge!
That’s more than 20 times what we pay in crazy California, 40cents/kwh.
Extension cord to the sun will solve it or nukkular powered furnace.
“But early on Monday, ERCOT said extreme weather conditions caused many generating units – across all fuel types – to trip offline and become unavailable.”
” . . . across all fuel types . . . “ - why would the extreme weather in question shut down nukes or gas-fired turbines?
Way to go Jao.
You’re winning more friends. Take it from me, you are... /s
Filling up that Tesla is going to get real expensive.
An excellent reason to have mothballed gas/coal generation plants equal to wind/solar capabilities. The mothballed capabilities can be brought on line quickly.
LMAO.
Pick a section of the country to go all renewable. Let them live with it for 10 years or so and then tell the rest of us how it worked out.
I think we have a taste of it at hand now. Let the games begin.
Yeah but at least they have their own grid. Their windmills may be frozen, their coal and gas plants may be shutting down, but it’s all theirs.