Friday, February 19, 2021

Incompetent Sock Puppet Politicians + Predatory Corporate Governance = TEXAS

NYTimes  |  The crisis dates back to the 1930s, when the Federal Power Commission gained the authority to regulate interstate transmission of electric power. But politicians in Texas, with their slavish devotion to the fossil fuel industry, didn’t want Washington regulating the electricity business and chipping away at those hefty profits.

So the business went entirely unregulated until the formation of the Electric Reliability Council of Texas in the 1970s. But ERCOT has been anything but reliable. While it is technically overseen by the state, its board is really just an industry club. Several of its members don’t even live in Texas.

On Saturday, Gov. Greg Abbott solemnly declared the state would not see another accident like Thursday’s deadly 100-plus-vehicle pileup on a frozen Fort Worth highway. On Monday, he reassured Texans that power would return. That day, two million people were plunged into darkness, and many into 8 degree weather. Then four million. By Tuesday, 10 people had died in the Houston and San Antonio areas alone. Water pipes burst across the state, forcing people without power to boil water just to drink it safely.

After taking a beating on Twitter, Mr. Abbott spun around on Tuesday and blamed the utilities. He promised an investigation into ERCOT. George P. Bush, the state land commissioner, cravenly blamed the renewable energy industry, a talking point that caught fire among conservatives.

It was all just cow pie, though: Renewables like wind and solar can contribute up to 20 percent of the Texas power grid, but they were forecast to account for just 7 percent of the winter grid, with some 80 percent of electricity in the state’s capacity projected to come from natural gas, coal and a bit of nuclear power. And while some wind turbines in Texas froze, many of them kept turning. By Tuesday, renewables were helping to get the power going again. But it wasn’t enough. Each time the power came back up on Tuesday, demand spiked, and the power supply ran right back down. The rolling blackouts would just keep on rolling.

On Wednesday, Mr. Abbott ordered natural gas producers not to let their supply out of the state until Sunday, and to instead send it to the electrical grid. How soon this could help the millions of Texans who continue to shiver in the darkness is unclear. ERCOT has, once again, ordered utilities to cut power.

“It feels colder than 25 degrees outside. I’m shivering in the house. … My hands are freezing. My feet are freezing, and my nose is freezing,” Laura Bettor, a psychologist in Austin, told me as she watched people ski down her street. “People’s phones are down because they can’t charge. And the government here? Everything about the state government here is stupid.”

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