But fumble actually had a pretty good write up overall on the root causes. We’ve taken a shit load of what used to be baseload power & replaced it with Wind & Solar - majority wind. The forward prices don’t justify building any new power plants no matter what fuel they use. Coal ain’t happening… the natural gas supply in Feb wasn’t as simple as you imply. A huge portion ( we will never know the exact %) of it going off line was due to the processing plants & compressor stations having their power turned off by ercot, so this compounded the problem. Now, all of those facilities should have been labeled “critical facilities” & never lost power. Supposedly they fixed that issue. Like some people said, we were minutes away from an even bigger disaster, if the transmission lines would have been damaged. The Texas grid was never designed for peak load in February, it’s designed for July / August. This summer if it’s 100+ & all the thermal plants are on ( we always have a few MW offline, something is always broken) & the wind dies across the state, we are fucked. We just don’t have enough thermal baseload anymore, and like he said above, lots of states are headed in this same direction. So, you want to solve the issue, the answer is higher forward prices or Ercot pays companies for stand by reserves ( which probably means higher prices) & new thermal gen will get built Sent from my iPhone using Tapatalk