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Morning. The #TexasFreeze continues & grid operator ERCOT is still reporting >31,000 MW of thermal generation capacity out as of 9AM CT. Down slightly from a peak of 34,000 MW reported yesterday afternoon (https://t.co/jNMR4ibyY0) but still >40% of thermal capacity in state!
![](https://pbs.twimg.com/media/EuWzAXKXMAc-7HC.png)
![](https://pbs.twimg.com/media/EuWzl6WXMAkuFJc.png)
https://t.co/zh7kNDP2Um
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This is an equal opportunity "clusterfuzzle" as @gmbutts put it. So put aside your technology favoratism and tech tribalism for today please!
![](https://pbs.twimg.com/media/EuW2V67XIAMt9FT.jpg)
https://t.co/U1xlYoybWl
![](https://pbs.twimg.com/media/EuW2yxbXEAAofya.png)
Reality: On Sunday night, ERCOT recorded a new peak winter 69,150 Megawatts between 6 and 7 p.m on 2/14!
1. Total electricity demand was ~3,000 MW over the "Extreme Peak Load" scenario ERCOT planned for.
2. Thermal power plant outages were 10,000-16,000 MW over the "Extreme Generator Outages" scenario.
Wind & solar have variously over & under-performed the ~6,200 MW ERCOT was planning for from these resources.
![](https://pbs.twimg.com/media/EuW5dobXEAUe2Me.png)
More from For later read
the whole point of Dunks was you could go cop them at VIM whenever you wanted for $65. this shit is like having to enter a raffle to buy milk.
like seriously why not make a ton more of them if they're gonna be so sought-after? they land at outlets? so? nike still makes money off that.
the only reason to keep making them so limited is that they KNOW all that matters is the profit on the flip and if they were readily available FEWER people would want them, not more
the whole system is super broken, but it's just gonna go the way it goes, because at this point it all caters to the secondary market. the only reason Nike can sell Jordan 1s for $200 is because the people buying them can flip them for $500
adjusted for inflation, a $65 AJ1 in 1985 is like $160—and modern-day AJ1s are made from cheaper materials in factories staffed by cheaper workers. they don't HAVE to be $200 retail. but the secondary market nuked the whole concept of what sneakers are "worth"
\U0001f91e ONLINE RAFFLE is available from @bodega for the upcoming "UNLV" Nike Dunk Low Retro. Open until 5 PM ET on 2/16.
— Kicks Deals (@KicksDeals) February 15, 2021
\u27a1\ufe0f\u27a1\ufe0f https://t.co/JxJlyPuJVo pic.twitter.com/zenWOCDg4L
like seriously why not make a ton more of them if they're gonna be so sought-after? they land at outlets? so? nike still makes money off that.
the only reason to keep making them so limited is that they KNOW all that matters is the profit on the flip and if they were readily available FEWER people would want them, not more
the whole system is super broken, but it's just gonna go the way it goes, because at this point it all caters to the secondary market. the only reason Nike can sell Jordan 1s for $200 is because the people buying them can flip them for $500
adjusted for inflation, a $65 AJ1 in 1985 is like $160—and modern-day AJ1s are made from cheaper materials in factories staffed by cheaper workers. they don't HAVE to be $200 retail. but the secondary market nuked the whole concept of what sneakers are "worth"