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To: Texas Fossil

Good stuff and a good plan. I prepare yearly for cold weather events and lack of power at my house.

I am curious and if you or anyone knows the answer.....

How much money have ERCOT executives received in bonuses for “green energy” and how much of their disposable cash was used for it?

Would be interested to know......


5 posted on 02/18/2021 12:02:55 PM PST by volunbeer (Find the truth and accept it - anything else is delusional)
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To: volunbeer

No clue. I had never heard of them until I tried to find someone to complain too, hee hee hee.

And I did not call them.


7 posted on 02/18/2021 12:04:36 PM PST by Texas Fossil ((Texas is not where you were born, but a Free State of Heart, Mind & Attitude!))
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To: volunbeer

A Texas heat wave in August 2019 provides a good example of how renewables can distort electricity grid operations. In the prior ten years, wind capacity had grown from 10% to 26% of capacity in the Texas power market (ERCOT).[x] The low marginal cost of subsidized wind power depressed market prices for electricity to the point where over 5,000 MW of conventional generation chose to retire in 2018 rather than continue losing money. With electricity demand reaching record levels, these retirements combined with an unpredicted drop in wind generation to force ERCOT to enact emergency procedures to avoid blackouts. Although blackouts were avoided, electricity prices that were under $20 per MWh in the morning of August 13, 2019 rose to $9,000 per MWh in the afternoon.[xi]

It’s Time to End Subsidies for Renewable Energy
https://www.americaspower.org/its-time-to-end-subsidies-for-renewable-energy/


53 posted on 02/18/2021 5:13:44 PM PST by tbw2
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