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by dredmorbius
1934 days ago
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A predictable price sufficient to meet netcosts of provisioning is not the same as "price spikes 10,000% under historically precedented but outside planning contingencies weather event. Texas saw similar temps in late January, 2011, highs around 20°F, lows near zero. That was ten years ago. There weren't widespread outages. ERCOT's planning excluded that recent history. |
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