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Started By
Message
re: Texas Power Grid
Posted on 2/15/21 at 1:00 pm to CorchJay
Posted on 2/15/21 at 1:00 pm to CorchJay
quote:
Rates expected Monday and Tuesday if no relief is found is expected to rise to $4 per kwhr.
A few months ago I was patting myself on the back for switching to Griddy and paying wholesale for electricity. Not so much right now.
Last night and this morning the app showed the price was $8.93KWh. 20 minutes ago it was down to $4.50ish and now is $1.83KWh. It's usually 1.3-2.5 cents per KWh.
So far for Feb 1-15 my bill is $137. $110 of that is electricity. And probably $95 of that is from the last 48 hours.
"Luckily" the power has been out since 5:30am...
I signed up with a different company last night but ONCOR won't flip the switch till Tuesday.
Yikes! They did a meter read and updated my bill. So add $340 to the numbers I gave above.
This post was edited on 2/15/21 at 3:49 pm
1
Posted on 2/15/21 at 1:02 pm to Taxing Authority
quote:
Go have a look at APL if you need an example.
I’m not familiar with that and google didn’t come up with anything. What is it?
Posted on 2/15/21 at 1:12 pm to billjamin
quote:
If we apply that same logic then gas turbines, which are responsible for the majority of the generation shortfall, are also not the answer.
Its about the best thing you can get its all relative. Of course problems can occur. Wind/solar are not the answers to replace anything at mass scale.
Wind/solar don't solve anything for trying to replace fossils at scale, not really plus you have huge negatives.
Context.
The lie is wind/solar can replace what they have currently at scale at or near the same price.... its just not going to happen.
I see nothing wrong with wind/solar for individual independence but it comes at a very steep price... and makes little sense at scale, generally speaking.
This post was edited on 2/15/21 at 1:15 pm
Posted on 2/15/21 at 1:15 pm to LSU2a
Thats not equity
Posted on 2/15/21 at 1:22 pm to GeauxFightingTigers1
quote:Any of those would obviously pull less power off of the electric grid. Gas is the cheapest and most efficient.
So, you want them to run oil, wood or gas for heat?
Posted on 2/15/21 at 1:24 pm to Von
On average Griddy is great, but in times of stress like this it can go off the charts. As in your example, your cost can go from $3 a day to $100+ a day.
Posted on 2/15/21 at 1:25 pm to GeauxFightingTigers1
quote:
Wind/solar are not the answers to replace anything at mass scale.
We probably agree more ideologically then we realize. I’m no renewable pumper. I work across all forms of energy and think we need increased diversification of all gen types and more importantly, location to increase grid stability.
Posted on 2/15/21 at 1:26 pm to Bandit1980
quote:
I'm stupid or just missing this........
Why the rolling blackouts? Has this ever happened before?
Get used to it. This is just the beginning. The democrats and the people who vote for them are complete morons.
Posted on 2/15/21 at 1:30 pm to billjamin
quote:
I’m not familiar with that and google didn’t come up with anything.
Nothing proves it like your ignorance. ERCOT set a record for interconnection studies last year. But hey, you're expert.Posted on 2/15/21 at 1:30 pm to mmcgrath
quote:
Any of those would obviously pull less power off of the electric grid. Gas is the cheapest and most efficient.
Oh I agree there, but the actually nutjobs that think carbon is bad will never see the light of day.
I probably would never want a house without a secondary heat source, we currently use three: electric, wood and propane. With minimal electric we can heat the whole house with wood through the hvac system.
Most people don't realize how inefficient electric heat is at lower temperatures.
This post was edited on 2/15/21 at 1:33 pm
Posted on 2/15/21 at 1:32 pm to HubbaBubba
quote:My pool pump uses less electricity than the blower motor on my HVAC that is running almost constantly because of the cold.
Having to run electric for all these pools in Texas to keep the equipment from freezing and bursting is using up a lot of juice right now.
Posted on 2/15/21 at 1:34 pm to Taxing Authority
quote:
Nothing proves it like your ignorance. ERCOT set a record for interconnection studies last year. But hey, you're expert.
What do interconnection studies , application, or anything else and subsidies have to do with one another? What is the APL?
I never claimed to be an expert. But I would love to be informed by someone as knowledgable as yourself.
This post was edited on 2/15/21 at 1:37 pm
Posted on 2/15/21 at 1:36 pm to Taxing Authority
quote:
or why NG deliveries are lacking.
Why?
Posted on 2/15/21 at 1:38 pm to cwill
quote:
cwill
Ok, so the most important question, what companies(if any) might benefit from this energy issue in the short term?
Thinking stock market plays of course.
Posted on 2/15/21 at 1:40 pm to billjamin
quote:Can't imagine how pricing and demand could be related.
What do interconnection studies , application, or anything else and subsidies have to do with one another?
quote:Try Austin Energy instead of the old name.
What is the APL?
quote:Doubt it. This isn't my first rodeo.
I never claimed to be an expert. But I would love to be informed by someone as knowledgable as yourself.
This post was edited on 2/15/21 at 1:42 pm
Posted on 2/15/21 at 1:45 pm to cwill
quote:Not really a short sound bite answer. And I'm not going into how I advise clients... But CAPEX in transmission and reliabilty hasn't exactly been attractive. Today's operational issues are yesterdays lack of investment. Story of O&G.
Why?
This post was edited on 2/15/21 at 1:47 pm
Posted on 2/15/21 at 1:47 pm to Taxing Authority
quote:
Can't imagine how pricing and demand could be related.
I’m well versed in supply and demand energy economics but that still have zero to do with subsidies and you can’t infer that increased study movement must mean there’s increased subsidization, they’re unrelated. Specifically to your own example, how does a single company resi subsidy mean jack shite to ERCOT interconnection studies? I specifically said utility scale. You said increased subsidization. The only applicable subsidy to utility scale at the moment is the ITC which has stepped down from 30 to 26.
Posted on 2/15/21 at 1:50 pm to billjamin
quote:
Specifically to your own example, how does a single company resi subsidy mean jack shite to ERCOT interconnection studies?
Well there's something I never said. LINK
LINK
LINK
quote:Nope. You're old news.
The only applicable subsidy to utility scale at the moment is the ITC
This post was edited on 2/15/21 at 1:54 pm
Posted on 2/15/21 at 1:57 pm to Taxing Authority
quote:
Nope. You're old news.
What are the new ones? Anything in Snyder or Scurry? I could only find the resi APL one for $2500. I’m legit curious, most of what I’ve done over the past few years has been big resi portfolios, storage, wind and natty LDC and I want to do a big solar project on some land I have secured in WTX. I already have irradiance and topo profiles from DNV-GL but haven’t started getting into the financial modeling yet.
Posted on 2/15/21 at 2:07 pm to billjamin
quote:
I could only find the resi APL one for $2500.
quote:Buying or selling. If I helped dump any bad tranches on you... it' wasn't pwrsonal. Just business.
over the past few years has been big resi portfolios
quote:Could be profitable, but you're late to the party. A lot of bets already placed. If I were you'd I'd get your plans on the "the books" in a hurry. How are planning to sell the power? Just curious.
I want to do a big solar project on some land I have secured in WTX.
quote:You can send us a RFP, unless you're in a hurry.
I already have irradiance and topo profiles from DNV-GL but haven’t started getting into the financial modeling yet.
This post was edited on 2/15/21 at 2:12 pm
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