Here's what @GovAbbott doesn't get (out of a MM things): this isn't about @ERCOT_ISO. It's about dereg. It's about not being on the national grid. It's about profits over people. It's about shortcuts on basic things like weatherizing plants.
Again, allow me to stress that I am a former ERCOT employee. I worked on nodal and pricing. Everything we're discussing TODAY was known 15 years ago. None of this is new, but it was the goal.
Sorry, one more add.
How was it the goal? Ignoring black swan scenarios. If it happens? Shrug emoji. That was the attitude.
Profits over people. That was the goal then, it's the goal today, and until the leadership in #Texas changes, that's how it will be. #TxLeg
I don't remember being this viscerally pissed off in a long time.
STOP VOTING FOR PEOPLE WHO WILL KILL YOU FOR A PROFIT.
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Just talked to the best SME on the @ERCOT_ISO grid, who also happens to be a neighbor. Consider this unofficial but highly accurate.
The bottom lines are the following: didn't learn from February 2011 incident, poor weather forecasting, and inadequate weatherization (WZ). 1/
Power generators (PG) have lists of critical and non-critical assets. It started going downhill Monday early, and a lot of non-critical assets were blacked out because of a lack of generation. Normally, these non-critical assets would roll over. However, the entirety... 2/
... of the non-critical assets was already off. If you live in, say, East Austin where there are no critical assets, that's why you have been dark for so long.
From there, it became a chain reaction because plants were not WZ correctly. South Texas Nuke Unit 1 is a perfect ex. 3