@cohan_ds called this an "energy system failure" not merely electric system. Important bc methane gas regulators must be part of the solution. #txlege#txenergy
2/ Alison Silverstein, former PUCT and FERC staffer and true expert on these issues (Commitees: call her!) said “This industry has been treating weather events as if they’re high-impact, low-frequency. In my view, extreme weather events are [now] high-impact, medium-frequency.”
3/ On #climatechange, I said: “We’ve got to embrace the science and get smarter about how we deal with climate change. It’s hard for people. It’s hard for me to say it, but it is going to get worse and people need to understand this.”
4/ To Cohan's point about energy systems, I also said we've got to have better coordination of grid, gas, water, environmental, and transporation officials. “There’s all of these things and very, very little coordination. This was not just a failure of equipment but governance,“
5/ “Oklahoma has an energy secretary. Who’s the top official in Texas who wakes up every day and goes to sleep at night thinking about energy issues?” Many Governors have an office focused on energy. We're the energy state but we don't.
6/ The hearings which are just starting as I type, should include independent researchers and experts: “It’s really important to have people there who don’t have a dog in the hunt, that can offer independent expert advice to policymakers.” end.
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Hey #energytwitter, if you want to tune in to the Senate and House hearings on the #TexasBlackout, links are in next tweet. I'll tweet on it throughout the day on this thread.
Please tweet using #txlege and #txenergy, esp. if you have relevent info that could help going forward
1/ Tomorrow, the Texas House and Senate will hold hearings on the #TexasBlackout. One thing I'll be listening carefully for--and likely won't hear from many on the committees--is discussion of #climatechange.
3/ Why? As I said in the @HoustonChron “We never hear the words #climatechange spoken at ERCOT because of the politics. It’s a taboo subject. We’re using the past as a predictor of the future and we can’t do that...
As #Texas assesses the damage from last week, and water + power flow again, there's going to be a lot going on this week. It's important the public stay engaged. Many are banking on you tuning out. Don't.
1/ Watch for announcements from retail electric providers (REPs) like this one from @JustEnergyUS which warns it may go under. Who will buy them for pennies on the dollar? Private equity? @nrgenergy or @VistraCorp? (btw, follow @JavierBlas)
2/ And what happens to their customers? They'll go to "Providers of Last Resort" program dominated by @nrgenergy and @VistraCorp. They're allowed to charge high prices as POLR. Hopefully, they won't do that. (Other REPs can apply by 3 today) Eyes open 👀
Tonight, at 5:30 with very little notice, the Texas Public Utility Commission met. Those interested can listen here at the link below. Pay special attention to the exchange with a concerned Texan
They gave until Monday at 3pm for Retail Electric Providers (REPs) to ask to be a "Provider of Last Resort" (POLR). This is the backstop for when other REPs go out of business, as many will, their customer get transferred to larger REPs like @reliantenergy and @txuenergy
Customers don't get to choose their POLR and Reliant and TXU are pushing hard to be the POLR. Customers can switch later. There's a problem: there will be far less REPs to switch to after likely dozens of companies fail. @apoorv_bh89 called this:
Enjoyed talking to public radio listeners yesterday @TPRNews. A few highlights:
(1) Anyone who blames wind energy for this is wrong. (2) The main problem was failure in gas, coal, and nuke plants and with gas supply. tpr.org/environment/20…#txlege#txenergy 1/4
(3) Renewables generally, though not at all times, overperformed, including right now... #windenegy is a big reason power is back. (4) #Gas, for now, should not be considerd reliable. It's not always available when most needed. About 1/3 of the gas plants are *still* out. 2/4
(5) Get water and power flowing to people again, and then let's start looking for solutions. (6) Blaming accomplishes little but we need our state's leaders to accept responsibility. 3/4
A thread on the #ERCOT situation below but most importantly, if you're in TX, if you can, reduce usage today between 4-10 and again tomorrow between 5-9am.
More below on what's happening now, what's driving this kind of event and what needs to be done.
Every 6 months, ERCOT creates the SARA, seasonal assessment of resource adequacy. Their forecast was 24% lower than what will likely be peak demand today. They also had an extreme weather forecast. That was somehwere around 10% lower than what we're likley to see tomorrow.
Winter peak demand forecast was 57,699. Current day forecast is ~71,000MW and tomorrow around 75,000MW. Their extreme peak load forecast was for 67,208MW, obviously undershooting by a lot. ercot.com/news/releases/…