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Texas energy is cheap, and it just so happens that the political game aligns "make the grid ok" with their best interests; but, if the interests ever diverge we
by thechao 3y ago
Texas energy is cheap, and it just so happens that the political game aligns "make the grid ok" with their best interests; but, if the interests ever diverge we will be proper fucked.
- sangnoir 3y agoThe TX legislature already socialized the losses due to extremely high spot-prices after that winter storm a few years ago.
- __loam 3y agoYeah, the power was cheap until it wasn't. A lot of morons blamed things like frozen wind turbines but a lot of the problems were from natural gas plants that were never properly winterized, because the Texas grid was deregulated and the was no incentive to winterize.