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re: Reasons why Texas power grid failed:
Posted on 2/16/21 at 8:54 pm to back9Tiger
Posted on 2/16/21 at 8:54 pm to back9Tiger
It was a black swan event. You could prepare for it but the cost would be more than the customers would be willing to pay.
Posted on 2/16/21 at 9:03 pm to TrueTiger
quote:
It was a black swan event.
One of those terms that's never used correctly. More like a grey swan that's happened plenty of times before it's just improbable. Black swans are something that humans can't preconceive.
Posted on 2/17/21 at 1:57 am to TrueTiger
quote:
You could prepare for it but the cost would be more than the customers would be willing to pay.
This. The same people in here bitching about this event would be bitching about how Govt fricks everything up and about Govt over reach if they made the "winterizing" packages mandatory. Rate payers would be howling about high energy prices.
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