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The TX legislature already socialized the losses due to extremely high spot-prices after that winter storm a few years ago.
by sangnoir 3y ago
The 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.