what happened to the invisible hand and free market?
A similar cultural statement to this X post, just with a higher price tag … https://x.com/energy/status/1950904421669318868?s=46&t=bC_eC...
Fraud, waste and abuse to own the libs.
$30B over ten years to reduce blackouts and grid instability is a good deal. For reference, the 2021 Texas blackout caused ~$100b in damage.
Very very few people in the power industry want to run coal plants- but they cannot in good conscience turn them off. The whole “turn off the lights” mantra is not funny. It’s unfortunate the grid is fragile and facing increased demand. Operating coal plants, preferably at zero or super low utilization rates, for another ten years or so until the grid is more resilient seems reasonable.
Well, it's not surprising.. To have a reliable grid there needs to be some backup the few days solar/wind fails. Grid stability and black starts are no joke.