F
Fred Bloggs
Guest
That\'s not hyperbole, it\'s almost understatement.
\"Texans were paying about $275 per megawatt-hour for power on Saturday then the cost rose more than 800% to a whopping $2,500 per megawatt-hour on Sunday, Bloomberg reported, citing data from the Electric Reliability Council of Texas (ERCOT). Prices so far on Monday have topped off at $915 per megawatt-hour. \"
$2500 per Mwh is $2.50/kWh which is a LOT, and ridiculous. It goes beyond getting people to conserve, it kills them. And since when can Texas power even change the rates on the fly like that?
https://www.cbsnews.com/news/ercot-prices-texas-heat-wave-electricity/
\"But operators of the state\'s grid have entered recent summers warning of the possibility of lower power reserves as a crush of new residents strains an independent system. \"
Lucky for them the types of failures due to continuous operation at almost Arrhenius temperature overstress conditions have significant spread in time.. This arises from the fact that standard deviation of the ( constant failure rate ) exponential distribution is equal to the mean a.k.a. the MTBF.
\"Texans were paying about $275 per megawatt-hour for power on Saturday then the cost rose more than 800% to a whopping $2,500 per megawatt-hour on Sunday, Bloomberg reported, citing data from the Electric Reliability Council of Texas (ERCOT). Prices so far on Monday have topped off at $915 per megawatt-hour. \"
$2500 per Mwh is $2.50/kWh which is a LOT, and ridiculous. It goes beyond getting people to conserve, it kills them. And since when can Texas power even change the rates on the fly like that?
https://www.cbsnews.com/news/ercot-prices-texas-heat-wave-electricity/
\"But operators of the state\'s grid have entered recent summers warning of the possibility of lower power reserves as a crush of new residents strains an independent system. \"
Lucky for them the types of failures due to continuous operation at almost Arrhenius temperature overstress conditions have significant spread in time.. This arises from the fact that standard deviation of the ( constant failure rate ) exponential distribution is equal to the mean a.k.a. the MTBF.