Talked to CoServ last Friday. Before the warning. They be mad. Claiming other independents aren’t even Texans. Trying to create shortages and raise more demand to get higher prices. And I didn’t even ask about that, the representative just went into a prepared excuse. I wanted to know the forecast (if any) for rolling blackouts. Crossed my mind because of the February damage and I have an option to buy another solution. They said that rolling blackouts have been happening south of Austin for the last 20 years. Around Austin for the past 10 years. None for north of Waco on massive scales. She said to prepare for them. Number 1 reason was population increase. FWIW
from Dec 2019 to Dec 2020 Texas had double the national avg of population growth with a 15% in growth rate.
SO what does that mean in terms of people? It means that in that time frame Texas had a Net gain of 373,965 additional individual residents at the end of 2020 than it did in 2019
the Grid companies have enough power generation OFFLINE this week for maint to power 2.2 MILLION HOMES.
The avg family size in Texas is 2.86 people. Lets say 2.86 people per home and 2.2 million homes....that is enough electricity OFFLINE to provide 6.3 MILLION people power in those homes.
This has NOTHING to do with population
Now it DOES lend to the idea that maybe a few of these individual electric companies are getting together to limit supply via "Maint Weeks" to drive up pricing which is HIGHLY Illegal...but IF that is happening, that is another failure of ERCOT Leadership as there should be bylaws in place governing price increases and pricing stabilization during crises demand and they should be overseeing these pricing fluctuations to ensure the pricing is being driven by Market forces and not illegal forces
- Show all