why this is a clear issue and why it hasn’t been resolved? Texas was doomed last year during the snow and now this year with the heat. I don’t understand. Am I supposed to freeze and get a heat stroke?
In: 3
There are a couple reasons.
First off, there’s no incentive for power generation companies to have the kind of capacity they need to deal with extreme conditions. They would be spending a lot to add that capacity only to use it very infrequently. It’s a bad business move in a purely market-driven system that Texas has.
Second, even if a company does want to do it, it takes time to design and build. It would take several years to add those kinds of capabilities.
Latest Answers