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Texas power grid CEO Bill Magness fired after deadly blackouts during storm
NY Post ^ | March 4, 2021 | Yaron Steinbu ch

Posted on 03/04/2021 10:11:36 PM PST by george76

The president and CEO of the Texas power grid has been fired after mounting calls for his ouster following the deadly blackouts that left millions of people without electricity and heat for days in subfreezing temperatures.

Bill Magness was given a two-month termination notice Wednesday by the board of the Electric Reliability Council of Texas, a cooperative responsible for 90 percent of the state’s electricity.

On Monday, the state’s top utility regulator resigned in the wake of the one of the worst blackouts in US history.

....

Grid operators disconnected more than 4 million customers as the system buckled, which Magness has said was necessary to avert an even greater catastrophic blackout that could have lasted months.

The power grid was “four minutes 37 seconds away from a total collapse”

....

During the storm, 356 generators were knocked offline, nearly doubling what Texas experienced during its last major winter storm in 2011

....

The prolonged outages escalated to a crisis of tragic proportions, as residents trying to keep warm died of carbon monoxide poisoning and others froze to death.

....

At least six ERCOT board members have stepped down in the aftermath of the blackouts.

(Excerpt) Read more at nypost.com ...


TOPICS: Government; News/Current Events; Politics/Elections; US: Texas
KEYWORDS: electricreliability; energy; ercot; powergrid; storm; texas; weather
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1 posted on 03/04/2021 10:11:36 PM PST by george76
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To: george76

Fine, now the board members need to all resign in shame.


2 posted on 03/04/2021 10:13:14 PM PST by bigbob (Trust Trump. Trust Trump's Plan. )
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To: george76

Shouldn’t the board also be fired?


3 posted on 03/04/2021 10:13:29 PM PST by immadashell (New Planned Parenthood slogan: Black Babies’ Lives Don't Matter!)
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To: immadashell
Ah...15 seconds too late! lol
4 posted on 03/04/2021 10:14:27 PM PST by immadashell (New Planned Parenthood slogan: Black Babies’ Lives Don't Matter!)
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To: george76

Fall guy. Will the next CEO/Board spend billions on severe Winter proofing the system? You betcha. Will they need it to activate in the near future? Don’t know.

One thing for certain is that electricity costs will be going up for Texans.


5 posted on 03/04/2021 10:17:59 PM PST by mad_as_he$$
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To: george76

In the contined absence of a Mr. Fusion, it’s pretty expensive to produce all of one’s desired electricity.


6 posted on 03/04/2021 10:34:57 PM PST by Paladin2
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To: mad_as_he$$

mad_as_he$$ wrote:

“Fall guy. Will the next CEO/Board spend billions on severe Winter proofing the system? You betcha. Will they need it to activate in the near future? Don’t know.

One thing for certain is that electricity costs will be going up for Texans.”

That board -better- winterize the power generation system.

In the meantime, I’m fixin to get a whole-house generator (among other things).


7 posted on 03/04/2021 10:56:51 PM PST by WildHighlander57 ((WildHighlander57 returning after lurking since 2000))
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To: george76

This is the problem, being fired is no longer a big deal!


8 posted on 03/04/2021 11:06:17 PM PST by 100%FEDUP (I'm seeing RED!)
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To: bigbob

Exactly


9 posted on 03/04/2021 11:12:13 PM PST by HANG THE EXPENSE (Life's tough.It's tougher when you're stupid.)
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To: Paladin2

“Green” energy is amazingly expensive.

The other components of the Texas grid produce relatively cheap electricity, and don’t fall over in the cold.


10 posted on 03/05/2021 12:59:47 AM PST by agere_contra (Please pray for True Pope Benedict XVI and True President Donald J Trump)
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To: immadashell; bigbob

IIRC the board members who live outside of Texas have already resigned.


11 posted on 03/05/2021 1:10:06 AM PST by FreedomPoster (Islam delenda est)
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To: george76

I hear the Katrina refugees are moving back to NOLA.


12 posted on 03/05/2021 1:11:32 AM PST by HYPOCRACY
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To: WildHighlander57

Excellent idea.

One lesson from this crisis is that one cannot currently count on the natural gas supply. I use propane onsite for my generator. Yes it is a finite fuel supply but one I can manage.


13 posted on 03/05/2021 2:05:06 AM PST by mad_as_he$$
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To: george76

In his defense I will say he refused his severance package, at the amount of $800,000. .

CC


14 posted on 03/05/2021 2:11:52 AM PST by Celtic Conservative (My cats are more amusing than 200 channels worth of TV.)
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To: george76
Get rid of the politicians that gave the tax incentives to even BUILD that shit ... and vote it all out ... destroy the industry as a viable community entity

Yeah, I know ... all those jobs lost ... tough!
Since when do jobs come before lives ?

15 posted on 03/05/2021 2:18:03 AM PST by knarf (>)
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To: george76

The fundamental problem with all of this is that the Texas energy industry was complying with and implementing the asinine green energy policies of the federal government. The Texeas secession movement needs to hammer this point endlessly. Texans should be making these sorts of critical decisions based on what is best for Texans, not the cockamamie edicts issued from an illegitimate and tyrannical DC junta.


16 posted on 03/05/2021 3:54:48 AM PST by DrPretorius
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To: mad_as_he$$
Will the next CEO/Board spend billions on severe Winter proofing the system? You betcha.

Did I detect a note of sarcasm in that?

17 posted on 03/05/2021 3:56:16 AM PST by DoodleDawg
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To: DrPretorius
The fundamental problem with all of this is that the Texas energy industry was complying with and implementing the asinine green energy policies of the federal government.

I thought that the whole purpose behind having their own grid was so they didn't have to submit to regulations or comply with green policies. Nobody forced windmills on Texas. It was their decision.

The Texeas secession movement needs to hammer this point endlessly.

Yeah, winter weather brings the Texas power grid down and the first thing they do is yell to the federal government for disaster assistance. Maybe the secession movement needs to hammer that too?

Texans should be making these sorts of critical decisions based on what is best for Texans, not the cockamamie edicts issued from an illegitimate and tyrannical DC junta.

Texas is. Utilities in the east and west power grids were required to winterize their plants, Texas wasn't. Utilities in the east and west power grids were required to have redundant backups, Texas wasn't. Texas got the power grid that Texas wanted, a cheap one. Unregulated to any real extent. Profitable for the companies providing the power. Texas has nobody to blame for their problems but themselves. Texas had a taste of what can happen 10 years ago and they did absolutely nothing to prevent another occurrence. Anyone who thinks that this past experience is going to change anything is delusional.

18 posted on 03/05/2021 4:03:56 AM PST by DoodleDawg
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To: DoodleDawg

About 50%. lol.....


19 posted on 03/05/2021 4:05:57 AM PST by mad_as_he$$
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To: HYPOCRACY

😐


20 posted on 03/05/2021 4:11:07 AM PST by AnxiouslyWaiting
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