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Tesla CEO says electric cars will double global electricity demand
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Originally posted by Stoic View PostIt also has to do with the fact that they were able to draw power from nearby states.The first to state his case seems right until another comes and cross-examines him.
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Originally posted by Cow Poke View Post
Yes, as I keep saying - they were not part of ERCOT.
I see ERCOT's biggest problem as a failure of the free market. ERCOT was managing a bunch of different power suppliers, but letting them decide for themselves how much to spend on weatherproofing their facilities. Any who decided to put a lot of money into it would be at a competitive disadvantage, and would have been run out of business.
This allowed ERCOT to provide power at a nice low rate, but with a great deal of risk. The obvious solution would be regulations requiring all providers to weatherproof their facilities, but regulations aren't very popular in Texas.
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Originally posted by Stoic View Post
It looks like the isolation of Texas' power predates ERCOT.
I see ERCOT's biggest problem as a failure of the free market. ERCOT was managing a bunch of different power suppliers, but letting them decide for themselves how much to spend on weatherproofing their facilities. Any who decided to put a lot of money into it would be at a competitive disadvantage, and would have been run out of business.
This allowed ERCOT to provide power at a nice low rate, but with a great deal of risk. The obvious solution would be regulations requiring all providers to weatherproof their facilities, but regulations aren't very popular in Texas.The first to state his case seems right until another comes and cross-examines him.
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Originally posted by Stoic View Post
It looks like the isolation of Texas' power predates ERCOT.
I see ERCOT's biggest problem as a failure of the free market. ERCOT was managing a bunch of different power suppliers, but letting them decide for themselves how much to spend on weatherproofing their facilities. Any who decided to put a lot of money into it would be at a competitive disadvantage, and would have been run out of business.
This allowed ERCOT to provide power at a nice low rate, but with a great deal of risk. The obvious solution would be regulations requiring all providers to weatherproof their facilities, but regulations aren't very popular in Texas.My brethren, do not hold your faith in our glorious Lord Jesus Christ with an attitude of personal favoritism. James 2:1
If anyone thinks himself to be religious, and yet does not bridle his tongue but deceives his own heart, this man’s religion is worthless James 1:26
This you know, my beloved brethren. But everyone must be quick to hear, slow to speak and slow to anger; James 1:19
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