this post was submitted on 26 Aug 2024
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The Right Can't Meme
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Hi this is a replica of the subreddit of the same name. Small disclaimer: I never intended to be the creator or moderator here, I just was sick of waiting for someone else to do it. :)
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In the case of the '18 February snap-freeze, the problem was gas plant lines freezing over so they couldn't run their generators as demand peaked.
Ironically, that sky-high crisis pricing causes green energy investment to surge, as wind and solar got to ride the $3000 Mwh rates during the peak of summer while gas companies had to spend a small fortune retrofitting all their lines.