Texas Power - Feds set price to $1,500/MWh - DOE Order 202-21-1
(media.patriots.win)
posted ago by revere
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Lives are at stake , fuck the temporary hit on air quality. Your pipes are busting.....do you care about a week of lesser air quality???? Fuck no. No common sense from this admin.
Dear Texas -
You need to listen to the Biden government the same way California listened to the Trump administration.
Which is to say - do whatever the fuck you want. What can they do to you? Make you freeze more?
Even less because Biden didn't win. Trump did.
Start getting laws in your state to ensure you never have to choose between bankruptcy or risking your life
The Emergency Order can be found here: https://www.energy.gov/sites/prod/files/2021/02/f82/DOE%20202%28c%29%20Emergency%20Order%20-%20ERCOT%2002.14.2021.pdf
Thanks!
They are paying extra to companies able to provide electricity during the crises. This did not create the crises.
Could you clarify who you are defining as "They"? This definitely appears to be adding to the crisis. My understanding after reading the order is that:
My understanding of this order is that those who are purchasing power from the power generators are then being charged $1,500/MWh (or more since the order only sets a minimum price).
This is obviously too expensive for companies that charge residential areas fixed rates so some power companies are using blackouts to control costs while others where residential customers are paying spot rates are paying those types of prices directly (the reason for those articles about consumers with thousands of dollars in electric bills). If the DOE just allowed a temporary exemption without setting a minimum price, it seems that it would significantly minimize the blackouts.
Define "they"...
David Huizenga, Acting Secretary of Energy, on behalf of the Department of Energy.
Just like it says in the link you keep posting and refusing to read comprehensively.
You previously stated:
So your follow up would clarify that you are stating:
If I'm understanding your follow up correctly, you are stating that the Department of Energy is paying extra to energy companies in the amount of $1,500/MWh for power that exceeds environmental laws. You seem to be claiming that the government is incentivizing companies to pollute.
I believe the document is pretty clear. The government will temporarily allow pollution but has set a price floor to discourage pollution. I'm not seeing anywhere in the document where it is stating that the Department of Energy is paying companies which seems to be your contention.
Yes. Incentives to pollute. An d extra money if they can quickly put power into the grid. FOR FIVE FUCKING DAYS WHILE THERE'S AN EMERGENCY.
This is not a scandal for fucks sake..
The DOE is setting a high price floor to discourage pollution and discourage bringing on additional power unless the need is extraordinary (setting a high price floor means someone would have a very high need to pay that amount).
The order makes it very clear that it is environmental laws (not pricing) that was keeping Texas from bringing additional power online (the first highlight in the screenshot emphasizes this point). A high price floor discourages demand (meaning a power company will choose a blackout instead of purchasing power at a ridiculous high rate).
The DOE is not paying power companies to pollute. If you believe the order states that, please point to the specific page and paragraph and/or copy the quote from the order.
The order simply states the minimum price for which the polluting power can be sold/offered at (the highlight specifically says "This incremental amount of restricted capacity would be offered at a price no lower than $1,500/MWh") It states the minimum price floor the power can be sold at - it does not state that the government will be purchasing it at that amount. For reference, the average wholesale price in Texas in 2019 was $38/MWh ( https://www.eia.gov/todayinenergy/detail.php?id=42456 ). If you really believe the federal government was purchasing power at $1,500/MWh to incentivize pollution by its own order, that in itself would be a scandal.
The government could ignore air quality for five days and allow the free market to stabilize energy prices but instead has set a price floor that increases suffering.
You just denied, then supported what I said..
Your original statement was that the federal government was paying extra to companies. Nothing in my last comment supports that the federal government is paying. The federal government is forcing power consumers to pay more which I believe is a problem and contributed to the crisis.
It would be like forcing bottled water companies to sell bottled water for $15 a piece in a restricted disaster zone. No one except for the absolute desperate would pay $15 for a bottle of water and bottled water companies are probably not going to make much of an effort to bring in water because they know not many people will buy it at that price.
At this point, I'm going to step away from this discussion. You have been responding with one to two sentences without any details or quotes from the document to back up your statements (or even clarifying your statements). I wish you the best!
This is what I heard also they didn’t have any back up power and now are getting gouged on the commodity market.
This order by the Department of Energy shows that the federal government is gouging Texas power consumers in the amount of $1,500/MWh in order to allow Texas power companies to temporarily bypass environmental laws.
Texas has the ability to generate power but it would violate environmental laws. Instead of temporarily allowing Texas to bypass environmental laws at no additional costs, the DOE is making it VERY expensive to consumers of electricity forcing power companies into blackouts. My contention is that the federal government should be temporarily suspending the environmental laws so that the needed electricity can be generated.
without bypassing the law since it technically prohibits them they would have to buy more on the open market since they have no back up and the open market knows whats going on and they were to poor to do so which is why they asked the federally government to by pass the law but the federal government has their hand out too.
The federal government could ease suffering (including helping save people from hypothermia) but instead of alleviating suffering has chosen to prioritize air quality over human suffering by setting a high price floor for power that is generated outside of environmental limitations.
I’m not disputing that but I think you’re missing the point.
Could you state the point I'm missing? I'm not disagreeing that there are other issues in Texas.
The reason I made the original post was to bring to light a Department of Energy order that I believe is contributing to suffering in Texas when the DOE could help alleviate suffering. The DOE setting a high price floor distorts the open market.
Are people really considering this shit real. Being a firm believer in verification and iron clad proof. IF (as in IF is not relative) this is tantamount to telling your life is worth shit to the government and should be ignored. Send your bill to washington with a polite FUCK YOU. Not to mention file charges against the DOE for aggravated murder of the people who died. Remember always "Elections have consequences"
Here is the direct link to the order on the DOE website - it is only 4 pages long so it is pretty easy to read: https://www.energy.gov/sites/prod/files/2021/02/f82/DOE%20202%28c%29%20Emergency%20Order%20-%20ERCOT%2002.14.2021.pdf
I hope some lawyer Pede can do the math on how much power was generated at this mandated $1,500/MW minimum and use it as the basis for a class action lawsuit. All Texans will end up paying for this global warming extortion.
Wow
If I was in charge in Texas I'd tell the feds to go fuck themselves and protect my people.
What is the price normally?
Energy prices are constantly fluctuating. The 2019 Texas wholesale average was $38/MWh ( https://www.eia.gov/todayinenergy/detail.php?id=42456).
HOWEVER, prices have gone all the way up to $9,000/MWh during this crisis: https://www.spglobal.com/platts/en/market-insights/latest-news/natural-gas/021621-texas-regulators-keep-prices-near-9000mwh-cap-during-rotating-outages
On February 15th, that article mentions that prices went as low as $1,200/MWh (less than the floor the DOE set for power that pollutes).
That article has a chart of prices at 1pm on Feb 16th:
ERCOT (Texas): $9,000/MWh
MISO (part of East Texas all the way up to the Canada border): $252.40/MWh
SPP (North Texas, Oklahoma and northward): $1,538.86/MWh
PJM (Mid-northeast states): $55.76/MWh
This link has a map showing each power market: https://www.ferc.gov/industries-data/market-assessments/electric-power-markets
On Feb 19th, ERCOT (Texas) prices were down to $5/MWh: https://www.spglobal.com/platts/en/market-insights/latest-news/electric-power/021921-ercot-prices-plunge-but-34-gw-remain-offline-166000-are-still-without-power
Could you clarify why you think this is fake? Here is the direct link to the order on the DOE website: https://www.energy.gov/sites/prod/files/2021/02/f82/DOE%20202%28c%29%20Emergency%20Order%20-%20ERCOT%2002.14.2021.pdf
First highlight is at the top of page 2 and the second highlight is on page 3.