How reliable are the reliable if they are not winterized?Again, Mnuchin was just quoting the WSJ, and doesn't hold himself out to be an expert on this, like he is on macroeconomics.
How come Norway has reliable wind turbines? They winterize.
Lustylad and the WSJ were trying to distort the fact that we need all sources to keep costs down. I'm a proponent of nuclear. They were shucking for the oil and gas industry. Originally Posted by WTF
I spoke with my friend again mentioned in the OP. I'll preface this by saying he's not an expert on power plants, but knows what was happening in midstream and the oilfield this past week as well as anyone.
He says gas-fired power plants use water for cooling. As long as the plants are operating, everything is fine. The turbines generate heat, the water absorbs the heat, the water won't freeze, regardless of how cold it gets.
Now, what happens when ERCOT and the power plants foolishly shut off the electricity to the gas producers, processors and pipelines, and the compressors and pumps go down and the gas can't be produced? Then the gas-fired power plants don't get natural gas. They have to shut down. The water freezes. In other words, if the gas hadn't been shut off, because the electricity was shut off, then winterizing would largely have been a moot point.
When ERCOT et al took note of their huge mistake, which didn't take all that long, everything was fucked. Getting the gas production and power generation infrastructure back up and going again was easier said than done.
As to your other points, Nuclear is more expensive. Winterizing increases costs and thus prices, albeit both of us suspect it doesn't increase them that much. People don't plan for a once in a lifetime cold spell. There's some kind of a balance there, what risk are you willing to take for what price. This is mostly not about greedy corporations and their profits, but rather what price the consumer will pay for energy. And black swan events that people don't plan for. And human stupidity.
Yeah, we could regulate windmills and tell them to winterize like Norway. Would that necessarily make sense in Texas? Maybe so and maybe not, but people didn't have a clue until this week.
Good point. The turbines don't break down in Iowa because of cold weather, they are winterized.Very good analogy
This problem similar to the Hurricane Katrina problem. They built the new levies strong enough for a level "3" hurricane. Murphy's law take a hold and boom you get level "5" hurricane and 10,000 citizens have to live in the Superdome for a week. Originally Posted by adav8s28