Blame a perfect storm of bad government policies, timing and weather. Coal and nuclear are the most reliable sources of power. But competition from heavily subsidized wind power and inexpensive natural gas, combined with stricter emissions regulation, has caused coal’s share of Texas’s electricity to plunge by more than half in a decade to 18%. Wind’s share has tripled to about 25% since 2010 and accounted for 42% of power last week before the freeze set in. About half of Texans rely on electric pumps for heating, which liberals want to mandate everywhere. But the pumps use a lot of power in frigid weather. So while wind turbines were freezing, demand for power was surging.

This begs the question, why would investors build new intermittent sources of generation in Texas like wind and solar that do not show up when needed? And that cannot take advantage of the higher prices during times like these?

The sole cause for this, that in normal market circumstances would be an obvious malinvestment, is renewable energy subsidies. 

From 2006 to 2019, wind and solar generators in Texas received about $19.4 billion in subsidies and benefits from taxpayers and consumers. It is estimated generators will receive another $15.9 billion over the next decade. In 2018, about 28% of renewable generators’ income comes from subsidies. Investors have flocked to these subsidies. And why shouldn’t they? Free money and subsidized transmission from the government makes for a very attractive return on investment.

On the other hand, investors have spurned investment in reliable traditional generation sources like coal and natural gas. Coal, of course, has been run out of business by the U.S. Environmental Protection Agency. Investors are spurning natural gas, however, simply from an economic perspective. Without the massive subsidies offered to wind and solar, new natural gas plants cannot compete.

Because of market distortions created by renewable subsidies, when Texas ran low on electricity Monday night, the grid operator had nowhere to turn. Reliable natural gas plants that could have shouldered much–if not all–of the heavy load were nonexistent. Because they had not been built, thanks to the malinvestment in renewables.

Read the full article at the following weblink:

https://www.masterresource.org/windpower-problems/wind-subsidies-fr...

Brainwashed the DocuMovie Part One - Watch and Share With All (FREE)


Twelve Historically Documented Tactics Actively Used By The Communists To Capture The Minds of Americans & Collapse The United States From Within

KGB defector Yuri Bezmenov's warning to America

29 YEARS AGO, Soviet defector and KGB operative Yuri Bezmenov, specializing in the fields of Marxist-Leninist propaganda and ideological subversion; warned us about the silent war being waged against America as part of a long term plan to take over and destroy the American system and way of life. Watch this clip in AMAZEMENT as you realize he is describing EXACTLY what's happening in America today,

https://www.youtube.com/watch?v=bX3EZCVj2XA

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Comment by Jim Wiegand on February 22, 2021 at 7:35pm
Why would this mayor allow the bad guys to profit from the people for this utility disaster?
Actually it would be really stupid for anyone or even the state to pay these ridiculous bills. I saw on the news today that one person had his credit card charged for about $17000.    A Charge Back is in order and if that doesn't work, he should tear up the card and walk away.
I had someone that had me CC info rip me off last summer.  I called the credit card people to do a charge back and when they filed the case, I told them I will never pay this, ever. And if they side with the crooks I was just going to rip up the card. Fortunately they made the right call.
Comment by Eric A. Tuttle on February 22, 2021 at 2:28pm
Comment by Willem Post on February 22, 2021 at 9:37am

Here is an article in progress.

Monitoring/Recording Electricity Data

 

The output of every electricity plant, in every state, is monitored/recorded by the regional grid operator, such as ISO-NE

The electricity drawn from a regional grid by a utility, such a GMP drawing from the NE grid, is monitored/recorded by the grid operator.

All that data is forwarded to the Energy Information Administration, EIA, a department within the US Department of Energy.

 

Account Settling Procedures

 

Every utility has power purchase agreements, PPAs, with owners of electricity power plants.

Such agreements cover MW, MWh, timing and prices/MWh

The grid operator uses the monitored/recorded data to debit the utility account and to credit the owner account, based on the terms of the PPAs.

 

Texas Wind Storm Event

 

The New York Times of February 20, 2021 displayed a graph of Texas electricity production by source, just before the major winter storm, based on data from the EIA.

 

Gas plant output was about 43,000 MW

 

The output became about 29,000 MW about one day later, a 33% reduction (largely due to freeze-ups), then it went up and down at an average of about 29,000 MW, to counteract changes of other sources.

 

Coal plant output was about 11,000 MW

 

The output became about 8,000 MW about one day later, a 27% reduction (largely due to freeze-ups), then was about 7,000 to 8,000 MW

 

Wind plant output was about 9,000 MW from an installed capacity of 30,904 MW, about 12,400 wind turbines.; capacity factor 9000/30904 = 0.29

 

The output became 1,000 MW about one day later, an 89% reduction (largely due to freeze ups of 12,000 MW of capacity, about 4,800 wind turbines, about 4800/12000 = 39% of all wind turbines), then increased to 4,000 MW for about a day, then decreased to 1,000 MW, etc., due to wind-velocity variations.

https://windexchange.energy.gov/states/tx#capacity

 

Nuclear plant output was about 4,000 MW.

 

The output became about 3,000 MW about one day later (largely due to freeze-ups), a 25% reduction

 

Solar plant output was near zero.

 

The output increased to 3,000 MW at midday, then to near-zero again., etc.

 

The image shows the installed capacity of each major source, MW.

 

 

Subsidies and Cost shifting is the Name of the Game for Wind and Solar

 

From 2006 to 2019, wind and solar generators in Texas received about $19.4 billion in subsidies and benefits from taxpayers and consumers. It is estimated generators will receive another $15.9 billion over the next decade. In 2018, about 28% of renewable generators’ income comes from subsidies. Investors have flocked to these subsidies. And why shouldn’t they? Free money and subsidized transmission from the government makes for a very attractive return on investment.

 

Warren Edward Buffett

“For example, on wind energy, we get a tax credit, if we build a lot of wind farms. That’s the only reason to build them. They don’t make sense without the tax credit.”

 

The image shows the subsidies for wind and solar.

 

Wind Turbines in Colder Regions

 

As standard equipment, the wind turbines in Germany, the Netherlands, Norway, Sweden, etc., have heaters for the rotors and blades, and for the big box, aka nacelle, on the top of the tower. To avoid freeze-ups and dangerous ice throws.

 

Texas needs to freeze-proof its power plants and wind turbines, to ensure greater reliability of service.

 

The image is of Bernie Sanders in Texas. “High and dry! What, me worry? I used to be a poor hippie, but now I am a multi-millionaire, with 3 houses and a tax-free foundation.”

Hannah Pingree on the Maine expedited wind law

Hannah Pingree - Director of Maine's Office of Innovation and the Future

"Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine."

https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/

 

Maine as Third World Country:

CMP Transmission Rate Skyrockets 19.6% Due to Wind Power

 

Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.

Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT

******** IF LINKS BELOW DON'T WORK, GOOGLE THEM*********

(excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010 https://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?" https://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/

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We have the facts on our side. We have the truth on our side. All we need now is YOU.

“First they ignore you, then they laugh at you, then they fight you, then you win.”

 -- Mahatma Gandhi

"It's not whether you get knocked down: it's whether you get up."
Vince Lombardi 

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