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?
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.
It’s almost like they have a financial incentive to pull this shit.
In 2000/2001 this same shit was being done in California, leading to rolling blackouts and record-high energy prices. One company was buying all the plants and shutting them down for “maintenance” specifically to increase energy prices.
There were going to be congressional hearings over it in early 2022, but that company was Enron, and at the end of 2001 they collapsed due to other bullshit they were pulling.
