They make the electrical components that run the grid. Think Huawei but industrial electric equipment instead of consumer electronics. I think Trump’s EO banned the purchase of Chinese components for use in the electric grid. While it’s bad optics I don’t think Biden rescinding the EO has much to do with current outages. Electrical components would not be quickly swapped out. Cyber attack maybe if they started using software again like SolarWinds, but the ice is real, polar vortexes like that happen frequently, so seems to be enough here to count out the Chinese. I’m happy to be proven wrong with evidence to the contrary though. Bigger immediate question, where the hell is the Biden admin when Texas needs help? Trump would have been all over this sending in help.
Not true at all. Public utilities are granted a monopoly, on the stipulation that profits are capped to a certain percentage.
The power companies will simply charge more for electricity if maintenance becomes more expensive. (which is why they don't mind at all being forced to buy renewable energy credits... They just pass the extra cost on to you!)
Can someone explain WHY China needs access to our power grid. Seriously, what is the reasoning they have?
They make the electrical components that run the grid. Think Huawei but industrial electric equipment instead of consumer electronics. I think Trump’s EO banned the purchase of Chinese components for use in the electric grid. While it’s bad optics I don’t think Biden rescinding the EO has much to do with current outages. Electrical components would not be quickly swapped out. Cyber attack maybe if they started using software again like SolarWinds, but the ice is real, polar vortexes like that happen frequently, so seems to be enough here to count out the Chinese. I’m happy to be proven wrong with evidence to the contrary though. Bigger immediate question, where the hell is the Biden admin when Texas needs help? Trump would have been all over this sending in help.
They simply can’t afford to maintain the infrastructure without cheap “Trojan Horse” Chinese parts.
"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety."
Not true at all. Public utilities are granted a monopoly, on the stipulation that profits are capped to a certain percentage.
The power companies will simply charge more for electricity if maintenance becomes more expensive. (which is why they don't mind at all being forced to buy renewable energy credits... They just pass the extra cost on to you!)