2 ms·
> weatherize the network for a 0.1% chance event. The last one such event (also with blackouts) happened in 2011 and was generally called "1 in 10 years cold s
by kilotaras 6y ago
> weatherize the network for a 0.1% chance event.
The last one such event (also with blackouts) happened in 2011 and was generally called "1 in 10 years cold snap."[0]
Not weatherizing for 0.1% chance can be acceptable, not doing for 10% is not.
[0] https://www.nytimes.com/2011/02/05/us/05storm.html https://www.nytimes.com/2011/02/05/us/05storm.html
- Ma8ee 6y agoIt’s how capitalism works nowadays: I win or you lose. As long as everything is going well, like normal weather or excessive growth of house prices, the capital owners make a lot of money. But when something predictable goes wrong, the bill is left to the consumers and tax payers.