it’s not totally “free” but it’s way “freer” by libertarian-fantasy standards, than the rest of the US utility system
Spinach_Gouda_Wrap on
Very clickbait title. The decision isn’t that the power plants can decide to withhold power willy-nilly but that they aren’t liable for their failures to generate when called upon.
rocket_beer on
Again, solar at your house and battery.
Don’t let these assholes control your safety and your family’s safety.
TBearForever on
I’m not shocked
C4Dave on
This is why Texas isn’t allowed to be part of the eastern grid.
Good-Spring2019 on
I guess patrons should have no responsibility to pay them a fee to be reliable then either.
Fendragos on
As I said in another post about this:
The Texas power market is an energy-only market. This means the power generators can only be compensated for energy, not for availability.
Hence the root cause is the type of market which is derived from legislation.
The government needs to change the market to be one where payments are made for both energy + availability.
I’m not saying paying more in total, but just different ways of compensating, which incentivize and mandate… availability during emergencies.
oh_tee_eff on
Great day to be an IPP shareholder ig 🤪
Sad_Damage_1194 on
Given how the US legal system works, I’m not surprised. It doesn’t mean I agree with it, just that I’m not surprised by this.
Bridgestone14 on
I guess the texans will just have to pull themselves up by their bootstraps.
BigBradWolf77 on
Is this deregulation? 💁♂️🦋
muffdivemcgruff on
Ok, so let’s collectively have this assholes electricity turned off.
Suntzu_AU on
What is the purpose of a state if you can’t provide basic services for its people? Why would the state agree that the provider gets off free?
This makes no sense.
manual_tranny on
Take *THAT*, people without enough money to build your own power plant!
TourettesFamilyFeud on
Yeah… this is gonna hit federal level on appeal. The NEC holds jurisdiction over Texas power systems… and legally required emergency backup systems are one topic of authority in the NEC.
If Texas says facilities aren’t liable when legally required to maintain emergency systems, the NEC panel will have a word here.
tomatotomato on
It’ll be fun to watch a deregulated market when Texas grid collapses during the next freeze or extreme heat.
chfp on
Idiots
Sidus_Preclarum on
Economic liberalism in all its splendour.
Feeling_Gain_726 on
And that is the strongest argument why power shouldn’t be private…
leapinleopard on
And they tried to blame these outages on solar and wind power too!
22 Comments
The free market, in a nutshell.
it’s not totally “free” but it’s way “freer” by libertarian-fantasy standards, than the rest of the US utility system
Very clickbait title. The decision isn’t that the power plants can decide to withhold power willy-nilly but that they aren’t liable for their failures to generate when called upon.
Again, solar at your house and battery.
Don’t let these assholes control your safety and your family’s safety.
I’m not shocked
This is why Texas isn’t allowed to be part of the eastern grid.
I guess patrons should have no responsibility to pay them a fee to be reliable then either.
As I said in another post about this:
The Texas power market is an energy-only market. This means the power generators can only be compensated for energy, not for availability.
Hence the root cause is the type of market which is derived from legislation.
The government needs to change the market to be one where payments are made for both energy + availability.
I’m not saying paying more in total, but just different ways of compensating, which incentivize and mandate… availability during emergencies.
Great day to be an IPP shareholder ig 🤪
Given how the US legal system works, I’m not surprised. It doesn’t mean I agree with it, just that I’m not surprised by this.
I guess the texans will just have to pull themselves up by their bootstraps.
Is this deregulation? 💁♂️🦋
Ok, so let’s collectively have this assholes electricity turned off.
What is the purpose of a state if you can’t provide basic services for its people? Why would the state agree that the provider gets off free?
This makes no sense.
Take *THAT*, people without enough money to build your own power plant!
Yeah… this is gonna hit federal level on appeal. The NEC holds jurisdiction over Texas power systems… and legally required emergency backup systems are one topic of authority in the NEC.
If Texas says facilities aren’t liable when legally required to maintain emergency systems, the NEC panel will have a word here.
It’ll be fun to watch a deregulated market when Texas grid collapses during the next freeze or extreme heat.
Idiots
Economic liberalism in all its splendour.
And that is the strongest argument why power shouldn’t be private…
And they tried to blame these outages on solar and wind power too!
Wow. Corporate OWNED Judges.
Leave Texas.