←back to thread

71 points seanobannon | 2 comments | | HN request time: 0.745s | source
Show context
buckle8017 ◴[] No.43463122[source]
The Texas grid was deregulated in an era where solar and wind were not price competitive.

The price competitive producers were all stable fossil fuels, natural gas and coal.

They failed to take into account unreliable low cost producers forcing reliable but marginally more expensive producers out of the market.

If solar/wind producers had to guarantee power 24x7 at fixed rates the cost would vastly exceed natural gas costs.

They just need to change the contract requirements to match reality.

replies(4): >>43463287 #>>43463368 #>>43463454 #>>43463547 #
1. naasking ◴[] No.43463287[source]
> If solar/wind producers had to guarantee power 24x7 at fixed rates the cost would vastly exceed natural gas costs.

Possibly, but neither usage nor generation is 24x7 at fixed cost, so what would be the point of that requirement?

replies(1): >>43463464 #
2. bee_rider ◴[] No.43463464[source]
Artificially hamper renewable uptake.