Much misinformation out there about #Texaspoweroutage, @ERCOT_ISO, wind and solar power, and thermal generators (gas and coal). Let's review what we think we know right now. @TPPF @Life_Powered_ 1/10

Two problems in #Texas, one short term and exacerbated by the long term issue, and one long term. 2/10
The short term failure came at about 1 AM Monday when #ERCOT should have seen the loads soaring due to plummeting temperatures and arranged for more generation. 3/10
Texas came very close to having a system-wide outage for the whole state (ERCOT area, about 85% of the state) due to not arranging for more generation. 4/10
This tripped the grid, knocking some reliable thermal plants (gas and coal) offline. This was a failure of the grid operator (ERCOT) not the power plants. 5/10
In the last 4-5 years, Texas lost a net of 3,000 megawatts of thermal out of a total installed capacity 73,000 megawatts today. We lost the thermal power because operators couldn’t see a return on investment due to be undercut by wind and solar... 6/10
...which is cheap for two reasons – it’s subsidized and it doesn’t have to pay for the costs of grid reliability by purchasing battery farms or contracting with gas peaker plants to produce power when needed, not when they can. 7/10
Meanwhile, Texas has seen a growth of 20,000 megawatts of wind and solar over the same period to 34,000 megawatts of installed capacity (they rarely perform anywhere close to capacity). This subsidized (state and federal) wind and solar have pushed... 8/10
...reliable thermal operators out of business or prevented new generation from being built as operators can’t make money off of the market. This reduced the capacity margin – grids must have excess capacity to ensure stability. 9/10
Texas is experiencing what California has – with California affecting the entire Western Interconnection due to its policies. Blackouts are a feature of the push to have more unreliable renewables on the grid. Must pay $$ for reliable backup w/ renewables 10/10

More from Society

You May Also Like

THREAD: 12 Things Everyone Should Know About IQ

1. IQ is one of the most heritable psychological traits – that is, individual differences in IQ are strongly associated with individual differences in genes (at least in fairly typical modern environments). https://t.co/3XxzW9bxLE


2. The heritability of IQ *increases* from childhood to adulthood. Meanwhile, the effect of the shared environment largely fades away. In other words, when it comes to IQ, nature becomes more important as we get older, nurture less.
https://t.co/UqtS1lpw3n


3. IQ scores have been increasing for the last century or so, a phenomenon known as the Flynn effect. https://t.co/sCZvCst3hw (N ≈ 4 million)

(Note that the Flynn effect shows that IQ isn't 100% genetic; it doesn't show that it's 100% environmental.)


4. IQ predicts many important real world outcomes.

For example, though far from perfect, IQ is the single-best predictor of job performance we have – much better than Emotional Intelligence, the Big Five, Grit, etc. https://t.co/rKUgKDAAVx https://t.co/DWbVI8QSU3


5. Higher IQ is associated with a lower risk of death from most causes, including cardiovascular disease, respiratory disease, most forms of cancer, homicide, suicide, and accident. https://t.co/PJjGNyeQRA (N = 728,160)
1/“What would need to be true for you to….X”

Why is this the most powerful question you can ask when attempting to reach an agreement with another human being or organization?

A thread, co-written by @deanmbrody:


2/ First, “X” could be lots of things. Examples: What would need to be true for you to

- “Feel it's in our best interest for me to be CMO"
- “Feel that we’re in a good place as a company”
- “Feel that we’re on the same page”
- “Feel that we both got what we wanted from this deal

3/ Normally, we aren’t that direct. Example from startup/VC land:

Founders leave VC meetings thinking that every VC will invest, but they rarely do.

Worse over, the founders don’t know what they need to do in order to be fundable.

4/ So why should you ask the magic Q?

To get clarity.

You want to know where you stand, and what it takes to get what you want in a way that also gets them what they want.

It also holds them (mentally) accountable once the thing they need becomes true.

5/ Staying in the context of soliciting investors, the question is “what would need to be true for you to want to invest (or partner with us on this journey, etc)?”

Multiple responses to this question are likely to deliver a positive result.