Pretty much yeah. Texas R’s refuse to integrate their grid with the fed one which would add new rules to theirs and mandate upgrades which could lead to less outages.
In this particular case there might be a bit of shitey business practice as well.
There is a financial incentive to keep things failure prone, because demand pricing allows them to make the same amount of revenue with whatever (lack of) production is available.
So when only a few neighborhoods still have power they just end up paying for the whole damn city. It’s nuts.
Pretty much yeah. Texas R’s refuse to integrate their grid with the fed one which would add new rules to theirs and mandate upgrades which could lead to less outages.
In this particular case there might be a bit of shitey business practice as well.
There is a financial incentive to keep things failure prone, because demand pricing allows them to make the same amount of revenue with whatever (lack of) production is available.
So when only a few neighborhoods still have power they just end up paying for the whole damn city. It’s nuts.