Looks like the blackouts are coming with the forecast shortfall this afternoon
https://www.ercot.com/gridmktinfo/da...upplyanddemand
must be pretty serious if Texans are being asked to conserve energy. you know they hate to do that.
https://www.texastribune.org/2022/07...s-power-ercot/ERCOT, the state’s power grid operator, asked Texans to turn up their thermostats and postpone running major appliances between 2 p.m. and 8 p.m. Monday. ERCOT has also called on large electric customers to lower their electricity use.
https://www.houstonchronicle.com/bus...y-17295889.phpAs recently as May, ERCOT predicted that demand this summer would peak in mid-August at about 77,300 megawatts. But peak demand already has outstripped that projection on both weekdays and weekends, driven in part by record heat that began in May and has not abated as of early July.
And still a month away from the worst of the summer heat. Saw how ugly June was and figured well July will probably be like June since June was already much worse than most Augusts, but July has been way worse than June and can only expect August to be a lot worse than July too.
You've made a career of it. I'd rather be dead than to spend my life worrying incessantly about dying.say aren't you the guy who recently said Joe Biden wrecked the country?
Nobody catastrophizes around here like the right, tbh.
I'm not worried. Are you clairvoyant?
You just gravitate toward and regurgitate articles about impending doom.I'm not worried. Are you clairvoyant?
Nope, not at all a reflection of your true thoughts.
Isn't this an election year there? Maybe Abbott can talk to AMLO and ask them to supply them for the summer.
Since Texas is becoming into Mexico might as well swim back the other way across the river.
That's what Cruz did. Bet you Cancun doesn't have any electricity problems...
this is a current affairs forum. people don't drop in to follow stories about bake sales and treed cats saved by firemen. if you think the trend of posting here portends imminent doom, that's on you.You just gravitate toward and regurgitate articles about impending doom.
Nope, not at all a reflection of your true thoughts.
anything on topic, DMC, or are you just here to snap your towel?
What he did to our electric bills is worse, tbh.
For those of you with short memories, Abbott unilaterally pegged pricing to the max level for weeks after the 2021 winter storm passed, and the Texas lege wrote a $7 billion dollar bond to bail out the energy companies. We'll be paying that off for 20-30 years.
I wish I had that person's bill. Mine will be over $600
A few relevant highlights:
https://www.spurstalk.com/forums/sho...1#post10550446
https://www.spurstalk.com/forums/sho...1#post10616827
https://www.texasmonthly.com/news-po...ilure-warm-up/Monday, February 15. In the hours after the blackouts, ERCOT tried to shore up electricity reserves to stabilize the grid. The computer system that runs the market, though, interpreted this as an oversupply (in the middle of blackouts!) and dropped prices. When ERCOT and the PUC realized what was happening, officials decided to bypass the market and, on Monday evening, manually set prices at the maximum of $9,000 per megawatt hour. (By comparison, the average hourly price in 2020 was $25.73.) For fear that restarting the market and letting prices fluctuate in the midst of blackouts would lead to instability, officials kept prices at that artificially inflated level until Friday.
As a result, Texans spent an exorbitant amount on electricity during a week in which most of them couldn’t get much electricity. For the entirety of 2020, Texans paid $9.8 billion to keep the juice flowing. On February 16 alone, they spent roughly $10.3 billion. Costs for the month of February totaled more than $50 billion.
The bill for this pricing disaster is coming due. The Legislature approved the issuance of what will likely end up being about $5 to $6 billion in bonds to pay back some of these costs. That form of borrowing creates an obligation of about $200 for every adult and child in Texas.
Of the 2,500 participants in the ERCOT market—power plant owners, electricity marketers, electric cooperatives, creditors, and traders—many are privately held and don’t disclose their profits and losses. But some of the big shareholder-owned electricity generators were stuck with major losses because, while electricity prices were astronomical, natural gas prices were even higher.
As a result, anyone who had natural gas to sell came away a winner. Large Dallas-based pipeline owner Energy Transfer posted a net profit of $3.29 billion for the first three months of 2021; it had never posted even a $1 billion quarterly margin before. The company chalked up its profits to preparation—it had forked over the money to winterize parts of its facilities, so they remained up and running during the storm. Kinder Morgan made $1.41 billion, its best quarter ever. British oil giant BP, which supplies more gas in the U.S. than any other company, was coy. “It was a very exceptional quarter in gas trading,” CEO Bernard Looney told Bloomberg, which pointed to an estimate suggesting that the firm reaped $1 billion during that stretch. Gas producer Comstock Resources president Roland Burns put it much more plainly, saying it was “like hitting the jackpot.”
https://www.texasmonthly.com/news-po...r-greg-abbott/The storm provided some oil and gas executives with a windfall of biblical proportions—according to Bloomberg, more than $11 billion in five days, including some $2.4 billion for Energy Transfer, run by GOP mega-donor Kelcy Warren. In the aftermath of the blackout, Abbott’s PUC head, in a private call with big energy investors, reassured them that he was working hard to safeguard their profits. Three months later, Kelcy Warren cut Abbott a $1 million check for his campaign account.
Reviewing the thread, I misremembered a couple of things here.
Reciting facts by heart isn't the best idea. My bad.
It's a doctor complaining about a $239 bill
It's Texas thoughIt's a doctor complaining about a $239 bill
doc getting clowned by a poster who complains about $4/gallon gas
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