Search Results for: "Bill Peacock"
Relevance | DateEnergy Emergency Alert! ERCOT’s Close Call of September 6 (Part I)
By Bill Peacock -- September 12, 2023 3 CommentsEditor Note: This study by the Energy Alliance of the Texas Business Coalition is in two parts, with Part II tomorrow. MasterResource appreciates the opportunity for publication.
“Where only a few years ago modern natural gas peaker plants would have been called on to meet peak demand at 5:55 pm on September 6, unreliable solar generation is now filling much of that role.”
“The Texas grid almost failed because $29 billion of federal, state, and local subsidies over the last 18 years have left Texans relying on renewable energy sources that cannot generate electricity when it is most needed.”
When the Electric Reliability Council of Texas (ERCOT), the operator of most of the Texas electric grid, declared an Energy Emergency Alert 2 on September 6 for the first time since Winter Storm Uri, it exposed how renewable energy and renewable energy subsidies are rapidly undermining the reliability of the Texas electric grid.…
Continue ReadingTexas’s Central Planning: Duplicating the Grid
By Robert Bradley Jr. -- March 16, 2023 2 Comments“The answer to ensuring a reliable and affordable supply of electricity in Texas is not more subsidies, it is less subsidies. It is getting politicians out of the electricity business.” (Bill Peacock, below)
“The conundrum is that the greater the overall share of renewables in the energy mix, the more customers will have to spend on these largely redundant backups.” (Financial Times, below)
Economists have warned against central planning where a government monopoly is invoked and decisions are made from the center. Free-market analysts also long warned Texas that the government-enabled takeover of the grid with wind and solar (dilute, intermittent all) would cripple the ability of the reliables (gas-fired, coal-fired, and nuclear) to make the grid stable and secure, short of ‘Acts of God.’
But Acts of Political Man won out, and the Great Texas Blackout of February 2021 happened.…
Continue ReadingTexas’s Wounded Grid (yes, it’s windpower again)
By Robert Bradley Jr. -- July 12, 2022 8 Comments“While solar power is generally reaching near-full generation capacity, wind generation is currently generating significantly less than what it historically generated in this time period. Current projections show wind generation coming in less than 10 percent of its capacity.” (ERCOT, below)
“The saga is not over but will likely get worse. Wind and solar are still being added to the grid, and the politicians and regulators will have to resort to more and more intervention to keep the lights on over time.” (RLB, below)
The Sunday announcement was for yesterday: a conservation alert between 2 pm and 8 pm because of disappearing wind power:
ERCOT Issues Conservation Appeal to Texans and Texas Businesses
Appeal Effective Monday, July 11, 2022
With extreme hot weather driving record power demand across Texas, the Electric Reliability Council of Texas (ERCOT) is issuing a Conservation Appeal, asking Texans and Texas businesses to voluntarily conserve electricity, Monday, July 11 between 2-8 p.m.…
Continue ReadingTexas Legislature Ignores Renewables in Grid Reform: More Problems Ahead (Peacock Interview)
By Robert Bradley Jr. -- June 15, 2021 3 Comments“In 2011, even though the market was caught by surprise by one of the hottest summers in Texas history, Texans did not experience any blackouts because of reliable generation. Today, however, the reckless rush toward renewables has changed the situation completely. ”
– Bill Peacock, Energy Alliance (below)
Bradley: How did the just-completed Texas legislative session deal with the February Blackout that caused so much damage to life and property?
Peacock: The session had two issues to address here. One was dealing with the aftermath costs; the other was reform to prevent it from happening again. The lawmakers did poorly with both.
Q: What did the Legislature do wrong in dealing with the aftermath?
… Continue ReadingA: The Legislature failed to appropriately address the massive financial costs of the blackout, most of which came from the Public Utility Commission of Texas’s (PUCT) panicked decision to raise electricity prices to $9,000 per MWh and leave them there for three days.