re: Reasons why Texas power grid failed:

quote:

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Blah blah blah, he is FOS

Bottom line, private companies do not like to carry spare capacity just in case you need it as that is expensive and financial decisions based on this led to a shortfall.

This is the downside to deregulation and a "free market", it is what it is.

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I not only agree with some part of this but the fact is Illinois, Kansas, and colder states have hundreds upon thousands of windmills, Texas was just too damn cheap/stupid to realize inclement conditions happen.