| I guess the delay is that the Texas officials don't want the federal handout? |
It is rare and out of the norm for practically the entire state to experience these conditions at the same exact time. That’s what turned this from a within norm ten year event into something that was basically unprecedented. |
+1 There were several states facing the exact same temperatures, and they all fared better. So no matter how many standard deviations the pp wants to imply, it's factually wrong to say that nobody else was prepared. I mean, Louisiana did better. Let that sink in.
No on all counts. Capacity markets also experience blackouts during extreme weather events (see 2020). Both energy and capacity markets have limitations bc nobody is built to withstand extreme events. The same temps on an objective basis are meaningless in different regions because regional systems are built for regional climates. That Texas could handle 40 straight days over 100F in the summer is meaningless to the fact that the DMV could not handle it bc Texas is built for Texas historical conditions as DMV is built to DMV historical conditions. |
| is it cheaper to prepare for disaster or weather the storm? |
No on all counts. Capacity markets also experience blackouts during extreme weather events (see 2020). Both energy and capacity markets have limitations bc nobody is built to withstand extreme events. The same temps on an objective basis are meaningless in different regions because regional systems are built for regional climates. That Texas could handle 40 straight days over 100F in the summer is meaningless to the fact that the DMV could not handle it bc Texas is built for Texas historical conditions as DMV is built to DMV historical conditions. And yet, no mention that Texas has different climates within it, none of which (except for el paso) were prepared, or the differences between capacity and energy systems. Texas experimented with energy only and gambled that there would never be abnormal events. It failed them mightily TWICE because energy only disincentivizes weatherization and excess capacity. |
For the power generators it is cheaper to deal with the blackouts. For everyone else it is cheaper to prepare. All those frozen pipes and water/sewer system damage is going to be very expensive to clean up and repair. |
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https://www.msn.com/en-us/weather/topstories/texas-womans-power-bill-soars-by-dollar6000-during-winter-freeze/ar-BB1dOkgd?ocid=msedgntp One lady now faces a 6k power bill, and the disaster isn't over yet
Isn't this price-gouging? |
how much $ for each dead body? |
First, think of the wasted productivity with millions offline and focused on survival. Then, think of all of the damage to the infrastructure Then, think of the damage to private property Then, think of all the overtime for first responders and DPW types This is billions of dolllars. |
I don't understand this. Aren't utility rates regulated? How does this work in Texas? |
Yes, ask the people of Texas whether they would rather spend a few dollars more every month to prepare or whether they would rather take their chances and go through no heat and boiling water for days on end. |
Apparently nothing is regulated in Texas. Its the Wild West. |