Re:Texas Electric Bills Were $28B Higher Under Deregulation
by Retric on Wednesday February 24, 2021 @01:28PM
(#26253612)
What’s the price on an expiring naked short when their isn’t enough of the stock to meet your demand? All your money.
As utilizes are required to sell at contracted prices to the general public and must buy from insufficient supply that’s the situation. Actually breaking equipment isn’t needed to demonstrate this. If you’re doing rolling blackouts from insufficient supply then your at price infinity or whatever price limit is setup to protect you.
I am using utilities rather than TDU’s as while they are required to provide access to others, enough do both to make the distinction meaningless in this instance.
PS: ERCOT making that decision is only relevant if it could have been avoided. So, if you can find someone saying their was sufficient supply to cover demand then I will withdraw my argument.
As utilizes are required to sell at contracted prices to the general public and must buy from insufficient supply that’s the situation. Actually breaking equipment isn’t needed to demonstrate this. If you’re doing rolling blackouts from insufficient supply then your at price infinity or whatever price limit is setup to protect you.
I am using utilities rather than TDU’s as while they are required to provide access to others, enough do both to make the distinction meaningless in this instance.
PS: ERCOT making that decision is only relevant if it could have been avoided. So, if you can find someone saying their was sufficient supply to cover demand then I will withdraw my argument.