Not many people seem to know that the power grid issue wasn't to do with the power grid...
I think Texas will do well with crypto from what I understand.
I think Texas will do well with crypto from what I understand.
https://energy.utexas.edu/sites/default/files/UTAustin%20%28...
Texas lost 30,000 MW of thermal power plants due to thermal maintenance and thermal forced outages (Page 18). In the face of unprecedented (but not unpredicted) demand, they had to load shed like crazy to save their grid.
It’s not a complicated story and has literally nothing to do with EPA clean air regulations.
Page 34 gives the breakdown by power plant type.. poorly prepared natural gas pipelines and power plants were essentially entirely responsible for the outage.