• Possibly linux@lemmy.zip
          link
          fedilink
          English
          arrow-up
          0
          ·
          1 month ago

          Even if they are, it isn’t necessarily bad thing. If the demand is going above supply you need to decrease demand or increase supply. If you increase cost you decrease demand.

          However, the article above doesn’t give enough information to draw conclusions and it doesn’t even have sources.

  • DMBFFF@lemmy.world
    link
    fedilink
    English
    arrow-up
    0
    ·
    1 month ago

    Texas indeed has been blessed with much sunlight to make solar energy quite viable. This includes solar hot water heaters, and many trees to grow with vigour and bio-filtrate.

  • unreasonabro@lemmy.world
    link
    fedilink
    English
    arrow-up
    0
    ·
    1 month ago

    shitty cruel systems texas likes to inflict on its citizens, the gun-totingest murican motherfuckers there are. kinda surprised they just bend over and take it

  • fne8w2ah@lemmy.world
    link
    fedilink
    English
    arrow-up
    0
    ·
    1 month ago

    Greed and incompetience. No wonder Texas has been resistant to federal regulation and interconnect its power network with the rest of the country.

  • Gerudo@lemm.ee
    link
    fedilink
    English
    arrow-up
    0
    ·
    1 month ago

    I live in Texas and have already received 2 notices this spring to conserve electricity. It has barely hit 90, and they aren’t able to keep up with demand. They get the same weather reports we have access to, up to 14-21 days, yet they can’t/won’t anticipate demand?

    • Voroxpete@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      0
      ·
      edit-2
      1 month ago

      Fun fact, in case you weren’t aware; Texas pays bitcoin mining companies to shut off their rigs during peak demand.

      Miners love this; in effect they can just threaten to mine bitcoin and get paid as much as they would have made actually mining bitcoin, but without the wear and tear on their expensive hardware. It’s a legalized extortion racket being enacted on the public purse.

      Apologies if I just gave you even more reason to be angry.

  • hperrin@lemmy.world
    link
    fedilink
    English
    arrow-up
    0
    ·
    1 month ago

    I bet those businesses who relocated from Cali to Texas are loving those power prices.

    Oh yeah, they already left Texas.

    • x0x7@lemmy.world
      link
      fedilink
      English
      arrow-up
      0
      ·
      1 month ago

      Besides that one time power goes out more often in California. In Texas you just have a temporary price surge you could treat like a blackout if you wanted to. The difference is it’s less often and you have a choice.

      • GnuLinuxDude@lemmy.ml
        link
        fedilink
        English
        arrow-up
        0
        ·
        1 month ago

        Maybe power is more reliable in central Texas, my family still has no electricity from the derecho that hit Houston. And they lose power frequently from all the heavy storms or hurricanes that pummel the gulf coast.

      • Eww@lemmy.world
        link
        fedilink
        English
        arrow-up
        0
        ·
        1 month ago

        Like the time people were freezing to death during a power outage while the governor took a vacation to Cancún?

          • andros_rex@lemmy.world
            link
            fedilink
            English
            arrow-up
            0
            ·
            edit-2
            1 month ago

            Yeah, if you want a governor abandoning his people, look to Kevin Stitt (Oklahoma) last year when Tulsa was without power for about a week. Lieutenant Governor was out too, literally no one had any idea who was in charge of the state.

      • hperrin@lemmy.world
        link
        fedilink
        English
        arrow-up
        0
        ·
        1 month ago

        I haven’t had a power outage in about ten years, between SDG&E, PG&E, and SoCal Edison. Meanwhile, Texas has regular power outages. So just what are you on about?

  • tal@lemmy.today
    link
    fedilink
    English
    arrow-up
    0
    ·
    edit-2
    1 month ago

    Texas has also become a hotbed for bitcoin mining, adding to electricity demand, as the state’s deregulated power market and abundance of cheap natural gas became attractive to the energy-intensive sector.

    Hmm.

    That actually might make a lot of sense.

    So, if Texas has inexpensive electricity most of the time, but also has occasional high price spikes…bitcoin mining is something where you do not need power now. Sure, you’re losing money on your hardware and space if it’s not running, but my guess is that bitcoin miners probably can do just fine shutting their systems down when prices rise above a certain point. That would tend to smooth out electricity prices.

    I’d been trying to think of electricity users that could defer usage and use a lot of electricity, which are something that you want if you have wildly-varying demand and want to smooth it out, and I suppose that coin mining is actually probably a pretty good example.

    • lemmyvore@feddit.nl
      link
      fedilink
      English
      arrow-up
      0
      ·
      1 month ago

      I don’t know but it started making international news during the pandemic, so at least 5th.