Grim Day on the Texas Power Grid

AI Thread Summary
The Texas power grid is facing significant failures, leading to rolling blackouts during extreme cold when home heating is critical. This situation has been compared to the Great Northeast Blackout of 1965, with wholesale electricity prices soaring by 2000%. Oil refineries have shut down, raising concerns about impending gasoline and diesel shortages nationwide. Investigations are expected to reveal whether the failures stem from policy shortcomings, inadequate planning, or a rare combination of events. The ongoing crisis highlights the vulnerabilities in Texas's isolated grid system, which has not been winterized to handle such extreme weather.
  • #151
Fisherman199 said:
Power and associated utilities cannot be removed from political discussion.
For example, I worked at the NY ISO. In NY the federal regulator (FERC) set broad guidelines. Details of the markets (including whether or not to have a capacity market) were left up to the participants.

The details of micromanagement should never be embodied in statute law. Saying that, doesn't make things apolitical.

Also IMO, micromanagement of the ISO by the legislature is the direct cause of the 2000-2001 energy crisis in California. Not Enron, but the legislature.

By the way, the governor of New York State was livid with rage when he discovered that the state had zero authority to tell the ISO what to do.
 
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  • #152
anorlunda said:
The details of micromanagement should never be embodied in statute law.
Very true and neither should they be under the control of Accountants and shareholders.Definitely the domain of the Engineer, IMO.
 
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