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JF's avatar

Our politicians are good at patch work and like most of our roads in Texas now the grid is following suit. Many of them want to do the right thing, but they listen to all the same actors over and over again and they have come to this point.

Bureaucracy doesn't want change, too much outside the box. Lobbyist want their own agendas and they are extremely good at their jobs. And we just want the lights to stay on. Policies coming down from Washington are not going to allow that.

Renewables and that bright idea came in 1999 with then Gov. Bush and Lte. Gov Perry who brought us to this point and let me tell you it has been a down hill slope as far as our grid is concerned!

Here we are the 8th largest economy in the world and we cannot influence bankers to take on loans for gas to save the grid. The State had to become that banker, something I whole heartily disagree with,

This is the best we could do, so while everyone is cooing over the "miracle" - my comment is duhhh... didn't you see that coming and do you see what is coming next - the $5 Billion may end up being that $38.5 Billion - the amount of applications received.... that's the problem with a fund .... there is no end limit or time restriction... it ends up being endless.

While Lte. Gov. Dan Patrick thinks this is a win, it is a patch at best, with taxpayers money at risk.

In the meantime - what are we to do - 155GW of solar on the interconnect list, something I have been whining on about for over 3 year now and no gas relief for a couple of years... 140 GW of battery projects will be no relief.

That means a wreaked grid - no consistency for the consumer. for data centers then bitcoin sucking the system dry like a leach. Industry is in trouble. - Think Germany!

So I would say - that leaves us - the little guy - screwed once again and we didn't even get to dance!

rant over...

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BRIAN CAM's avatar

2021-02-Texas winter storm costs could top $200 billion — more than hurricanes Harvey and Ike ++ 200 dead https://www.cbsnews.com/news/texas-winter-storm-uri-costs/

2011 This sounds cheaper

Toshiba America Nuclear Energy Corp, the Japanese company's wholly owned U.S. subsidiary, reached an agreement in March 2008 to build the third and fourth reactors for utility NRG Energy Inc's South Texas Project. The plant has two 1,280-megawatt reactors.

NRG in 2011 abandoned and wrote off its investment in the project, citing U.S. regulatory uncertainty in the wake of Japan's 2011 Fukushima nuclear accident. https://www.reuters.com/article/markets/currencies/toshiba-withdraws-from-south-texas-nuclear-power-plant-project-idUSKCN1IW35S/

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