Much of Texas is experiencing rolling blackouts, as utilities are unable to keep power flowing. Why are these blackouts happening? My colleague Isaac Orr explains at AmericanExperiment.org.:
More than 2.5 million people in Texas are currently experiencing rolling blackouts as temperatures remain in the single digits in many parts of the state. The Lone Star state is currently short of electricity because half of the Texas wind fleet (the largest in the nation) is iced over and incapable of generating electricity. Additionally, the natural gas infrastructure Texas has become so reliant upon has also frozen up.
Texas’s experience highlights the perils of becoming overly reliant upon wind, solar and natural gas because these energy sources are not as reliable as coal or nuclear power during extreme weather conditions.
But there is more to the story than that. Texas has what some regard as a free market in energy, but in fact it is distorted by the massive federal subsidies paid by the federal government. These subsidies often cause the price of electricity to go negative; that is, wind farms will actually pay utilities to take electricity off their hands. read more (used with permission)
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