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TFA explains at length that the power generating facilities are only half the problem. The other half are the gas wells and pipelines themselves. Fully winteriz
by hypersoar 5y ago
TFA explains at length that the power generating facilities are only half the problem. The other half are the gas wells and pipelines themselves. Fully winterized gas plants still can't make electricity if they can't get any gas. But the gas industry profited handsomely from the crisis, and it's very powerful in Texas. They successfully fought back a winterizing requirement for themselves.
- mikeyouse 5y agoYep - another huge issue. None of the winterization requirements have been applied to the wells/pipelines yet: https://www.kut.org/energy-environment/2021-11-18/as-power-plants-winterize-in-texas-gas-companies-get-a-pass https://www.kut.org/energy-environment/2021-11-18/as-power-p...
- c_o_n_v_e_x 5y agoMacquarie Bank made an absolute killing
- vorpalhex 5y agoTFC applies to the gas wells/pipelines, as explained in detail. "Gas generators" in ERCOT terminology are not "generators run by gas", they are "producers of gas". 88% of gas producers by volume are winterized.