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Re:Texas power crisis revealed flaw in market’s design by PaulHoule on Tuesday February 08, 2022 @11:36PM (#30268877)
"Made possible" also meant that coal burning plants were obsolete and we needed to restructure the generating system so they could go out of business without making the utilities go under.

So much in the energy literature looks like a clock that stopped. For instance you still see cost estimates of advanced combustion systems from the 1970s that have been carried into the future without adjusting for inflation and changes in technology.

People still compare nuclear power to coal but they quit building coal plants circa 1980 for the same reason they quit building nuclear plants -- the capital cost of the steam turbine is an order of magnitude more than a gas turbine, so even if you get the heat for free a current generation coal or nuclear plant is going to struggle to compete against the power plants we've been building since the 1980s.

Re:Texas power crisis revealed flaw in market’s design by philipkglass on Wednesday February 09, 2022 @04:13PM (#30278559)
People still compare nuclear power to coal but they quit building coal plants circa 1980 for the same reason they quit building nuclear plants

You can see a graph of coal capacity added by year here: https://www.eia.gov/todayinenergy/detail.php?id=30812

The US built coal plants in the 1990s and even in the 2010s. These last ones started construction in roughly the years 2003-2008, when US natural gas prices were elevated and (many thought) due to go up even more:

https://www.macrotrends.net/2478/natural-gas-prices-historic...

Coal's brief renaissance was halted by a triple-whammy of lower gas costs (from shale), lower wind costs, and lower solar costs. It's soon to face another whammy: falling grid scale battery costs. I don't think that the continental US will ever build another coal generating station. But that happened more recently than 1980.