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Energy Prices Rising In Texas....Again


Energy Prices Rising In Texas....Again17-06-2021 02:49
James___
★★★★★
(5513)
This from Fox Business;

Texas is again facing a power squeeze as the Electric Reliability Council of Texas (ERCOT) asked residents this week to conserve as much power as possible until Friday.
The conservation request is sure to trigger flashbacks to February when millions were left without power in sub-freezing temperatures. Now, residents are asked to use their air conditioning sparingly with Texas in the midst of a summer heatwave.

As of Tuesday, over 12,000 megawatts of the state's roughly 86,000 megawatts of generation capacity were offline, or enough to power 2.4 million homes.

ERCOT officials said the outages were " very concerning" and unplanned, and warned that by Tuesday the demand for electricity could begin stressing its reserves.
https://www.foxbusiness.com/economy/energy-experts-texas-power-shortages



Capitalism is working GREAT in Texas. More sky high energy bills be be forthcoming as a means to encourage Texans not to use the air conditioning when it's hot outside.
And WOW!!! A whopping 14% of the states energy generating capacity is offline.
This means the price increase for each KwH will cost more than if that capacity were online and available.
Other states that are federally regulated do not have these issues. But Texans should pay for trusting capitalists who care more about their own wealth than they do about the people paying the bills.
Because of what happened during the winter with cold spell, some utilities went bankrupt to protect their customers. I mean really guys, twice in 6 months Texas utilities will be price gouging consumers.
p.s., Go Red means Go Republican or Go Russia! How can I tell the difference?
18-06-2021 16:18
James___
★★★★★
(5513)
At least those who control the power are able to make some money off of these mechanical issues that can't be found.


Texans have spent the week keeping cool by fanning themselves and finding shade after the power grid's operator, commonly known as ERCOT, asked that they conserve energy as temperatures rise and several power plants fail.

ERCOT officials haven't pinned down the cause of the mechanical issues that led to the breakdowns just four months after a massive power outage left millions of people in the state without heat or electricity.

But some energy experts warn that the recent failures unmask the vulnerability of the state's grid and that they may portend additional shutdowns should temperatures continue to climb this summer.

"It's not a total surprise that hot weather would strain the grid, only it usually happens in August. That's what we expect and plan for," said Michael Webber, a professor of energy resources at the University of Texas at Austin.

https://www.nbcnews.com/us-news
19-06-2021 03:18
HarveyH55Profile picture★★★★★
(4276)
Texas isn't going to be the only place with power issues. The grid wasn't designed for solar panels and windmills. Load balancing is a bitch, when you can only guess at you supply side. They really can't switch solar panels in and out of the grid. But, the automated system tries to make frequent adjustments. It''s that frequent switching in, and out, of the reliable coal/gas plants, that causes them to fail quicker. Obama's roof top solar panel subsidies, was more about sabotaging the electrical grid, which needed to be totally replaced. Generated electricity is either consumed, or lost. Makes no sense to run generators at full capacity, all the time, if few people are buying/using the electricity. Solar panel and windmill generation, is never constant, at the extremes, they cause issues, which either start up gas generators, or shut them down. And a brief moment later, the reverse condition, and a new cycle. Most mechanical things don't like to start and stop rapidly, and tend to break...
19-06-2021 03:28
duncan61
★★★★☆
(1911)
We are fortunate to have massive supplies of natural gas.A look at Western Australia
LNG values
Liquefied natural gas (LNG) is a significant industry for Western Australia, with production increasing substantially over several years. In 2016-17 sales volumes reached 28.7 billion tonnes generating sales of $12.7 billion. LNG accounts for 66 per cent of all Western Australian petroleum sales.

LNG is currently produced from four projects in Western Australia: the North West Shelf Joint Venture project, Woodside's Pluto project (first LNG in mid-2012), the Gorgon Gas project (first LNG in 2016), and the Wheatstone project, which shipped its first LNG in October of 2017. Western Australia is also home to Shell's Prelude Floating LNG Project.

Australia's LNG export volumes will be driven by increased production at Gorgon, as well as the completion of the remaining LNG projects under construction — Wheatstone, Ichthys and Prelude. These three projects will add around 21 million tonnes to Australia's LNG export capacity, bringing total nameplate capacity to around 88 million tonnes.
The Alarmists still claim its all bad
19-06-2021 05:04
James___
★★★★★
(5513)
duncan61 wrote:
We are fortunate to have massive supplies of natural gas.A look at Western Australia
LNG values
Liquefied natural gas (LNG) is a significant industry for Western Australia, with production increasing substantially over several years. In 2016-17 sales volumes reached 28.7 billion tonnes generating sales of $12.7 billion. LNG accounts for 66 per cent of all Western Australian petroleum sales.

LNG is currently produced from four projects in Western Australia: the North West Shelf Joint Venture project, Woodside's Pluto project (first LNG in mid-2012), the Gorgon Gas project (first LNG in 2016), and the Wheatstone project, which shipped its first LNG in October of 2017. Western Australia is also home to Shell's Prelude Floating LNG Project.

Australia's LNG export volumes will be driven by increased production at Gorgon, as well as the completion of the remaining LNG projects under construction — Wheatstone, Ichthys and Prelude. These three projects will add around 21 million tonnes to Australia's LNG export capacity, bringing total nameplate capacity to around 88 million tonnes.
The Alarmists still claim its all bad



OMG, please quit bragging about good you have it because you're an Aussie.
We're tired of hearing life is better down under. Can you please get a life?
Some of us live in America. Australia might be better but give us time. We're working at it, okay?
16-07-2021 01:46
James___
★★★★★
(5513)
With this article, it comes from Texas via Yahoo.com. It seems that some gas suppliers voluntarily turned off processing equipment to lower demand for gas. And this in turn created a shortage. Simply put, back when it got cold in Texas, those who controlled the gas reduced supply to drive up prices.
https://www.yahoo.com/news/natural-gas-companies-were-paid-215301846.html
16-07-2021 02:39
S@ve0ur3arth
☆☆☆☆☆
(29)
James___ wrote:
This from Fox Business;

Texas is again facing a power squeeze as the Electric Reliability Council of Texas (ERCOT) asked residents this week to conserve as much power as possible until Friday.
The conservation request is sure to trigger flashbacks to February when millions were left without power in sub-freezing temperatures. Now, residents are asked to use their air conditioning sparingly with Texas in the midst of a summer heatwave.

As of Tuesday, over 12,000 megawatts of the state's roughly 86,000 megawatts of generation capacity were offline, or enough to power 2.4 million homes.

ERCOT officials said the outages were " very concerning" and unplanned, and warned that by Tuesday the demand for electricity could begin stressing its reserves.
https://www.foxbusiness.com/economy/energy-experts-texas-power-shortages



Capitalism is working GREAT in Texas. More sky high energy bills be be forthcoming as a means to encourage Texans not to use the air conditioning when it's hot outside.
And WOW!!! A whopping 14% of the states energy generating capacity is offline.
This means the price increase for each KwH will cost more than if that capacity were online and available.
Other states that are federally regulated do not have these issues. But Texans should pay for trusting capitalists who care more about their own wealth than they do about the people paying the bills.
Because of what happened during the winter with cold spell, some utilities went bankrupt to protect their customers. I mean really guys, twice in 6 months Texas utilities will be price gouging consumers.
p.s., Go Red means Go Republican or Go Russia! How can I tell the difference?

Agree. However, I think that capitalism is not exactly the evil on earth. We should look for a mixed economy like most countries in Europe.
16-07-2021 02:53
duncan61
★★★★☆
(1911)
James___ wrote:
With this article, it comes from Texas via Yahoo.com. It seems that some gas suppliers voluntarily turned off processing equipment to lower demand for gas. And this in turn created a shortage. Simply put, back when it got cold in Texas, those who controlled the gas reduced supply to drive up prices.
https://www.yahoo.com/news/natural-gas-companies-were-paid-215301846.html


Your fully correctly elected president appears to be Morphing in to batman


duncan61
16-07-2021 19:15
James___
★★★★★
(5513)
duncan61 wrote:
James___ wrote:
With this article, it comes from Texas via Yahoo.com. It seems that some gas suppliers voluntarily turned off processing equipment to lower demand for gas. And this in turn created a shortage. Simply put, back when it got cold in Texas, those who controlled the gas reduced supply to drive up prices.
https://www.yahoo.com/news/natural-gas-companies-were-paid-215301846.html


Your fully correctly elected president appears to be Morphing in to batman



And just think, the federal government had nothing to do with decreasing natural gas availability during an epic cold spell. Just the people profiting from it.
21-10-2021 07:41
James___
★★★★★
(5513)
It seems that Europe is now experiencing what Texas has gone through. Although in this instance, Russia is the energy provider. Maybe it's a payback for sanctions because of its annexation of Crimea and the sanctions imposed on it? Might be where politicians "stuffed" it?

https://oilprice.com/Energy/Natural-Gas/Two-Reasons-European-Natural-Gas-Prices-Climbed-So-High.html
21-10-2021 08:51
IBdaMannProfile picture★★★★★
(12225)
James___ wrote: It seems that Europe is now experiencing what Texas has gone through.

It was stolen by Americans from Mexico?

James___ wrote: Although in this instance, Russia is the energy provider.

... instead of refried beans?

James___ wrote: Maybe it's a payback for sanctions because of its annexation of Crimea and the sanctions imposed on it?

Mexico has never forgiven the annexation of Crimea either.

James___ wrote:Might be where politicians "stuffed" it?

That's right!



.


I don't think i can [define it]. I just kind of get a feel for the phrase. - keepit

A Spaghetti strainer with the faucet running, retains water- tmiddles

Clouds don't trap heat. Clouds block cold. - Spongy Iris

Printing dollars to pay debt doesn't increase the number of dollars. - keepit

If Venus were a black body it would have a much much lower temperature than what we found there.- tmiddles

Ah the "Valid Data" myth of ITN/IBD. - tmiddles

Ceist - I couldn't agree with you more. But when money and religion are involved, and there are people who value them above all else, then the lies begin. - trafn

You are completely misunderstanding their use of the word "accumulation"! - Climate Scientist.

The Stefan-Boltzman equation doesn't come up with the correct temperature if greenhouse gases are not considered - Hank

:*sigh* Not the "raw data" crap. - Leafsdude

IB STILL hasn't explained what Planck's Law means. Just more hand waving that it applies to everything and more asserting that the greenhouse effect 'violates' it.- Ceist
21-10-2021 18:28
James___
★★★★★
(5513)
IBdaMann wrote:
James___ wrote: It seems that Europe is now experiencing what Texas has gone through.

It was stolen by Americans from Mexico?

James___ wrote: Although in this instance, Russia is the energy provider.

... instead of refried beans?

James___ wrote: Maybe it's a payback for sanctions because of its annexation of Crimea and the sanctions imposed on it?

Mexico has never forgiven the annexation of Crimea either.

James___ wrote:Might be where politicians "stuffed" it?

That's right!



.


The food looks deelish!
As for Texas, Poncho Villa was doing raids into the Arizona territory in the early 1900's. Arizona had yet to become a state. With Mexico, they didn't really to view lands far away from Mexico City as worth much.
And with Mexico, it was settled by Spaniards mixing with the indigenous people there so borders were still to be determined. And with Texas, it actually became the Republic of Texas and was not a part of the US. They just didn't like Spanish rule.
And today, Texans do not like having reasonably priced energy during extreme weather events because they value their independence.
This is where pursuing cheap energy rather than affordable energy and sustainable practices can be self defeating in a way.
Edited on 21-10-2021 18:33
21-10-2021 21:34
Into the NightProfile picture★★★★★
(18981)
James___ wrote:
This from Fox Business;

Texas is again facing a power squeeze as the Electric Reliability Council of Texas (ERCOT) asked residents this week to conserve as much power as possible until Friday.
The conservation request is sure to trigger flashbacks to February when millions were left without power in sub-freezing temperatures. Now, residents are asked to use their air conditioning sparingly with Texas in the midst of a summer heatwave.

As of Tuesday, over 12,000 megawatts of the state's roughly 86,000 megawatts of generation capacity were offline, or enough to power 2.4 million homes.

ERCOT officials said the outages were " very concerning" and unplanned, and warned that by Tuesday the demand for electricity could begin stressing its reserves.
https://www.foxbusiness.com/economy/energy-experts-texas-power-shortages



Capitalism is working GREAT in Texas.

Wind farms mandated by government is NOT capitalism.
James___ wrote:
More sky high energy bills be be forthcoming as a means to encourage Texans not to use the air conditioning when it's hot outside.

Wind farms are piddle power. Texas lawmakers should abandon this nonsense and allow the energy market to run naturally.
James___ wrote:
And WOW!!! A whopping 14% of the states energy generating capacity is offline.

Simply because it's not needed.
James___ wrote:
This means the price increase for each KwH will cost more than if that capacity were online and available.

No. You cannot store electrical power that way.
James___ wrote:
Other states that are federally regulated do not have these issues.

Correct. They have worse issues. Tyranny.
James___ wrote:
But Texans should pay for trusting capitalists who care more about their own wealth than they do about the people paying the bills.

Obviously you have never run a business. A business that doesn't care about it's customers is not going to remain in business long!
James___ wrote:
Because of what happened during the winter with cold spell, some utilities went bankrupt to protect their customers. I mean really guys, twice in 6 months Texas utilities will be price gouging consumers.

You still remembering that?
Wind mills cannot generate electrical power when the blades are covered with ice.
Natural gas lines cannot ship natural gas lines that are plugged with ice (there's water vapor in that stuff you know!).
James___ wrote:
p.s., Go Red means Go Republican or Go Russia! How can I tell the difference?


So according to your logic, a stop sign is a Russian plot. So is blood, red power indicators on equipment, red-headed Irish, etc.

No wonder you are so confused.


The Parrot Killer

Debunked in my sig. - tmiddles

Google keeps track of paranoid talk and i'm not on their list. I've been evaluated and certified. - keepit

nuclear powered ships do not require nuclear fuel. - Swan

While it is true that fossils do not burn it is also true that fossil fuels burn very well - Swan
21-10-2021 21:36
Into the NightProfile picture★★★★★
(18981)
James___ wrote:
With this article, it comes from Texas via Yahoo.com. It seems that some gas suppliers voluntarily turned off processing equipment to lower demand for gas. And this in turn created a shortage. Simply put, back when it got cold in Texas, those who controlled the gas reduced supply to drive up prices.
https://www.yahoo.com/news/natural-gas-companies-were-paid-215301846.html


Fake News.

Gas lines were getting plugged with ice.


The Parrot Killer

Debunked in my sig. - tmiddles

Google keeps track of paranoid talk and i'm not on their list. I've been evaluated and certified. - keepit

nuclear powered ships do not require nuclear fuel. - Swan

While it is true that fossils do not burn it is also true that fossil fuels burn very well - Swan
21-10-2021 21:37
Into the NightProfile picture★★★★★
(18981)
S@ve0ur3arth wrote:
James___ wrote:
This from Fox Business;

Texas is again facing a power squeeze as the Electric Reliability Council of Texas (ERCOT) asked residents this week to conserve as much power as possible until Friday.
The conservation request is sure to trigger flashbacks to February when millions were left without power in sub-freezing temperatures. Now, residents are asked to use their air conditioning sparingly with Texas in the midst of a summer heatwave.

As of Tuesday, over 12,000 megawatts of the state's roughly 86,000 megawatts of generation capacity were offline, or enough to power 2.4 million homes.

ERCOT officials said the outages were " very concerning" and unplanned, and warned that by Tuesday the demand for electricity could begin stressing its reserves.
https://www.foxbusiness.com/economy/energy-experts-texas-power-shortages



Capitalism is working GREAT in Texas. More sky high energy bills be be forthcoming as a means to encourage Texans not to use the air conditioning when it's hot outside.
And WOW!!! A whopping 14% of the states energy generating capacity is offline.
This means the price increase for each KwH will cost more than if that capacity were online and available.
Other states that are federally regulated do not have these issues. But Texans should pay for trusting capitalists who care more about their own wealth than they do about the people paying the bills.
Because of what happened during the winter with cold spell, some utilities went bankrupt to protect their customers. I mean really guys, twice in 6 months Texas utilities will be price gouging consumers.
p.s., Go Red means Go Republican or Go Russia! How can I tell the difference?

Agree. However, I think that capitalism is not exactly the evil on earth. We should look for a mixed economy like most countries in Europe.


There is nothing magick about Europe.

Socialism anywhere is theft of wealth.


The Parrot Killer

Debunked in my sig. - tmiddles

Google keeps track of paranoid talk and i'm not on their list. I've been evaluated and certified. - keepit

nuclear powered ships do not require nuclear fuel. - Swan

While it is true that fossils do not burn it is also true that fossil fuels burn very well - Swan
21-10-2021 21:42
Into the NightProfile picture★★★★★
(18981)
James___ wrote:
duncan61 wrote:
James___ wrote:
With this article, it comes from Texas via Yahoo.com. It seems that some gas suppliers voluntarily turned off processing equipment to lower demand for gas. And this in turn created a shortage. Simply put, back when it got cold in Texas, those who controlled the gas reduced supply to drive up prices.
https://www.yahoo.com/news/natural-gas-companies-were-paid-215301846.html


Your fully correctly elected president appears to be Morphing in to batman



And just think, the federal government had nothing to do with decreasing natural gas availability during an epic cold spell. Just the people profiting from it.


Gas companies do not profit from plugged gas lines.


The Parrot Killer

Debunked in my sig. - tmiddles

Google keeps track of paranoid talk and i'm not on their list. I've been evaluated and certified. - keepit

nuclear powered ships do not require nuclear fuel. - Swan

While it is true that fossils do not burn it is also true that fossil fuels burn very well - Swan
21-10-2021 23:53
James___
★★★★★
(5513)
Into the Night wrote:
James___ wrote:
duncan61 wrote:
James___ wrote:
With this article, it comes from Texas via Yahoo.com. It seems that some gas suppliers voluntarily turned off processing equipment to lower demand for gas. And this in turn created a shortage. Simply put, back when it got cold in Texas, those who controlled the gas reduced supply to drive up prices.
https://www.yahoo.com/news/natural-gas-companies-were-paid-215301846.html


Your fully correctly elected president appears to be Morphing in to batman



And just think, the federal government had nothing to do with decreasing natural gas availability during an epic cold spell. Just the people profiting from it.


Gas companies do not profit from plugged gas lines.



It's called supply and demand. Ever hear of it?
22-10-2021 02:48
HarveyH55Profile picture★★★★★
(4276)
James___ wrote:
Into the Night wrote:
James___ wrote:
duncan61 wrote:
James___ wrote:
With this article, it comes from Texas via Yahoo.com. It seems that some gas suppliers voluntarily turned off processing equipment to lower demand for gas. And this in turn created a shortage. Simply put, back when it got cold in Texas, those who controlled the gas reduced supply to drive up prices.
https://www.yahoo.com/news/natural-gas-companies-were-paid-215301846.html


Your fully correctly elected president appears to be Morphing in to batman


Even with all your crying, screaming, kicking demands. Didn't your mamma explain to you, that you don't always get what you want? Usually before slapping
you hard, giving you something to really cry about...
And just think, the federal government had nothing to do with decreasing natural gas availability during an epic cold spell. Just the people profiting from it.


Gas companies do not profit from plugged gas lines.



It's called supply and demand. Ever hear of it?




Join the debate Energy Prices Rising In Texas....Again:

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