5 ms·

It’ll be painful, but I suspect Texas will come out of this in the medium term stronger as the they will actually build new generation driven by economic price

It’ll be painful, but I suspect Texas will come out of this in the medium term stronger as the they will actually build new generation driven by economic price signals, and not be hampered by excessive regulation with regards to permitting new assets.

cthalupa 4y ago
> they will actually build new generation driven by economic price signals, and not be hampered by excessive regulation with regards to permitting new assets. The problem with this theory is that it has not been born out in reality: Despite lacking excessive regulation, Texas has a large quantity of plants stuck in permit hell, and we've been stuck in this situation for years. Texas likes to sell itself as being small on regulations, but the truth of the matter is the bureaucracy is as bad as anywhere else.
- spoils19 4y ago
  Progress has never been made without a little blood, sweat and tears. I can see Texas' model expanding across the entire country as a success, as it has proven to be the most stable, reliable and consistent energy delivery system in the world.
  - mrguyorama 4y ago
    You cannot be serious. Here in Maine, we have a partially deregulated system, and our wind turbines do not shut down in the Winter.
    - spoils19 4y ago
      I'm an advocate for the free market, not a partial free market. In addition, I cannot find any _trustworthy _news sources that claim the turbines shut down in winter.
      - TomSwirly 4y ago
        It's like talking with a madman. https://www.texastribune.org/series/winter-storm-power-outage/ https://www.texastribune.org/series/winter-storm-power-outag... https://www.sciencedirect.com/science/article/pii/S2214629621001997 https://www.sciencedirect.com/science/article/pii/S221462962... https://www.puc.texas.gov/agency/resources/reports/UTAustin_(2021)_EventsFebruary2021TexasBlackout_(002)FINAL_07_12_21.pdf https://www.puc.texas.gov/agency/resources/reports/UTAustin_... There is no doubt at all that there were serious power outages in early 2021. None. What is wrong with you??
        spoils19 4y ago
        > What is wrong with you?? I don't believe I'm a madman. Please make sure you're following the HN Guidelines when responding to comments: https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html.
    - balderdash 4y ago
      Let’s see between 2015 and 20120electricity growth in Maine was essentially flat (~11GW), Texas added ~50GW in the same time period, comparing apples and peas…
  - TomSwirly 4y ago
    > as it has proven to be the most stable, reliable and consistent energy delivery system in the world. I think what horrifies me most about today is that literally delusional people such as yourself seem to be in positions of power everywhere.
Paradigma11 4y ago
I suspect Texas companies will build out energy in a way that works for 19 out of 20 years or so. In the 20 year there will be total failure with deaths and some companies going under. Then next year everything will start over the same way, but companies and politicians will say that it cant happen again because it cant happen again.

cthalupa 4y ago

> they will actually build new generation driven by economic price signals, and not be hampered by excessive regulation with regards to permitting new assets. The problem with this theory is that it has not been born out in reality: Despite lacking excessive regulation, Texas has a large quantity of plants stuck in permit hell, and we've been stuck in this situation for years. Texas likes to sell itself as being small on regulations, but the truth of the matter is the bureaucracy is as bad as anywhere else.

spoils19 4y ago
Progress has never been made without a little blood, sweat and tears. I can see Texas' model expanding across the entire country as a success, as it has proven to be the most stable, reliable and consistent energy delivery system in the world.
- mrguyorama 4y ago
  You cannot be serious. Here in Maine, we have a partially deregulated system, and our wind turbines do not shut down in the Winter.
  - spoils19 4y ago
    I'm an advocate for the free market, not a partial free market. In addition, I cannot find any _trustworthy _news sources that claim the turbines shut down in winter.
    - TomSwirly 4y ago
      It's like talking with a madman. https://www.texastribune.org/series/winter-storm-power-outage/ https://www.texastribune.org/series/winter-storm-power-outag... https://www.sciencedirect.com/science/article/pii/S2214629621001997 https://www.sciencedirect.com/science/article/pii/S221462962... https://www.puc.texas.gov/agency/resources/reports/UTAustin_(2021)_EventsFebruary2021TexasBlackout_(002)FINAL_07_12_21.pdf https://www.puc.texas.gov/agency/resources/reports/UTAustin_... There is no doubt at all that there were serious power outages in early 2021. None. What is wrong with you??
      - spoils19 4y ago
        > What is wrong with you?? I don't believe I'm a madman. Please make sure you're following the HN Guidelines when responding to comments: https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html.
  - balderdash 4y ago
    Let’s see between 2015 and 20120electricity growth in Maine was essentially flat (~11GW), Texas added ~50GW in the same time period, comparing apples and peas…
- TomSwirly 4y ago
  > as it has proven to be the most stable, reliable and consistent energy delivery system in the world. I think what horrifies me most about today is that literally delusional people such as yourself seem to be in positions of power everywhere.

Paradigma11 4y ago

I suspect Texas companies will build out energy in a way that works for 19 out of 20 years or so. In the 20 year there will be total failure with deaths and some companies going under. Then next year everything will start over the same way, but companies and politicians will say that it cant happen again because it cant happen again.