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Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas

 
Cheyenne
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02/14/2021 01:16 PM
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Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas
"Energy Emergency" - Texas Power Provider Warns Of Rotating Outages As Cold Weather Tests Limits Of Grid

"Scary as shit surge...

Sunday day ahead cleared 4765 for the peak and 2297 for the offpeak. HANDS DOWN BY FAR HIGHEST CLEAR ON RECORD.

And yep, all those folks on griddy were paying 9$ per KWh earlier today and continue to get lubelessly pounded"

[link to www.zerohedge.com (secure)]

Last Edited by Cheyenne on 02/14/2021 01:30 PM
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Cheyenne  (OP)

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02/14/2021 01:23 PM
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Re: Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas
What got me was the comment that wind turbines froze and couldn't create power. Worthless... just create some excuse for a "green" project and help yourself to the Treasury.
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Anonymous Coward
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02/14/2021 01:25 PM
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Re: Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas
Faaguetry
Cheyenne  (OP)

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02/14/2021 01:26 PM
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Re: Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas
Like Trin, I run a large solar array with storage. None of this affects me.


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Anonymous Coward
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02/14/2021 01:27 PM
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Re: Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas
Better than bitcoin
Anonymous Coward
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02/14/2021 01:29 PM
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Re: Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas
It's what the people voted for, they will get it.
Cheyenne  (OP)

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02/14/2021 01:30 PM
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Re: Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas
Better than bitcoin
 Quoting: Anonymous Coward 77950187


With Bitcoin at record levels, it still may be economic to mine it at $9 per kWh...
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Anonymous Coward
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02/14/2021 01:32 PM
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Re: Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas
That's half of the problem
RegalBeast

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02/14/2021 01:33 PM
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Re: Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas
I suggest people run their heating as low as they can stand.
Cheyenne  (OP)

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02/14/2021 01:33 PM
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Re: Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas
It's what the people voted for, they will get it.
 Quoting: Anonymous Coward 79988699


What the green set doesn't know is that for every megawatt of wind turbine production, you need a megawatt of emergency diesel or natural gas turbines as backup in case the wind fails.

Which happens all the time. A jet turbine generator generates massive amounts of pollution.

Last Edited by Cheyenne on 02/14/2021 01:35 PM
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Anonymous Coward
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02/14/2021 01:34 PM
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Re: Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas
Wait until they force everyone to electric cars. They will raise the electric prices to the stratosphere.
Anonymous Coward
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02/14/2021 01:41 PM
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Re: Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas
Wait until they force everyone to electric cars. They will raise the electric prices to the stratosphere.
 Quoting: Anonymous Coward 78299364


Exactly. At 400 watts per mile, an entire garage covered in solar panels will only get you 25 miles per day - at best. A couple of miles when overcast.
Dollar Bill Wick

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02/14/2021 01:42 PM
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Re: Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas
What got me was the comment that wind turbines froze and couldn't create power. Worthless... just create some excuse for a "green" project and help yourself to the Treasury.
 Quoting: Cheyenne


They are used for blow outs when you have enough ice cream.
pelosi
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Ignore him, no we aren't.

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Answer: "NOT BEING STUPID" - Jordan Peterson
Dollar Bill Wick

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02/14/2021 01:43 PM
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Re: Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas
Wait until they force everyone to electric cars. They will raise the electric prices to the stratosphere.
 Quoting: Anonymous Coward 78299364


Exactly. At 400 watts per mile, an entire garage covered in solar panels will only get you 25 miles per day - at best. A couple of miles when overcast.
 Quoting: Anonymous Coward 80029859


Private solar panels will be deemed illegal and for terrorist use only.
You will only be able to get them if you are a Democrat government apparchik or ISIS (same thing).
Freelance Superhero with only a minor personality disorder. All my other personalities are just fine, thanks.
Ignore him, no we aren't.

Question: "What is the most important thing in your life?"
Answer: "NOT BEING STUPID" - Jordan Peterson
Anonymous Coward
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02/14/2021 01:46 PM
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Re: Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas
Wait until they force everyone to electric cars. They will raise the electric prices to the stratosphere.
 Quoting: Anonymous Coward 78299364


Exactly. At 400 watts per mile, an entire garage covered in solar panels will only get you 25 miles per day - at best. A couple of miles when overcast.
 Quoting: Anonymous Coward 80029859


Private solar panels will be deemed illegal and for terrorist use only.
You will only be able to get them if you are a Democrat government apparchik or ISIS (same thing).
 Quoting: Dollar Bill Wick


They will tax the panels by the square foot. Like taxing electric cars by the mile, since they don't pay fuel tax.
Anonymous Coward
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02/14/2021 01:49 PM
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Re: Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas
Imagine the power bill for some of these people. If the average household uses 30kw a day, at $9 per kw that's $270 a day. Some people are going to have to put in for a loan for Feb's power bill.
Anonymous Coward
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02/14/2021 01:50 PM
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Re: Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas
Imagine the power bill for some of these people. If the average household uses 30kw a day, at $9 per kw that's $270 a day. Some people are going to have to put in for a loan for Feb's power bill.
 Quoting: Anonymous Coward 80029859


Sometimes a prefixed price is a better option, don't know if that's an option in the US.
oniongrass

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02/14/2021 01:51 PM
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Re: Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas
Like Trin, I run a large solar array with storage. None of this affects me.


 Quoting: Cheyenne


That kinda works in the South. In the North that would be covered with snow and ice by now.
.
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____________

There is no anger in Me: If one offers Me thorns and thistles, I will march to battle against him, And set all of them on fire.

But if he holds fast to My refuge, He makes Me his friend; He makes Me his friend. (Isaiah 27:4-5)
oniongrass

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02/14/2021 01:52 PM
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Re: Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas
Trump mentioned molten salt reactors (small safe nukes) early in his administration, then never said it again. 4 years should be enough to get that tech operational, it's a chipshot not a moonshot. What happened with that?
.
DON'T VAX, PROPHYLAX!

____________

There is no anger in Me: If one offers Me thorns and thistles, I will march to battle against him, And set all of them on fire.

But if he holds fast to My refuge, He makes Me his friend; He makes Me his friend. (Isaiah 27:4-5)
Lex
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02/14/2021 01:57 PM
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Re: Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas
Good thing they went green.

Now they can't meet generation demand.

Tell me no one ever considered it might one day drop below zero in Tx?
Sal Monella
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02/14/2021 01:59 PM
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Re: Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas
Trump mentioned molten salt reactors (small safe nukes) early in his administration, then never said it again. 4 years should be enough to get that tech operational, it's a chipshot not a moonshot. What happened with that?
 Quoting: oniongrass


FuelCell Energy does this. FCEL is trading at $26.22 today but is a highly volatile stock. It's price swings 5-15% daily so I stay away from it, but it has been on an upward trajectory lately...
Anonymous Coward
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02/14/2021 02:02 PM
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Re: Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas
Imagine the power bill for some of these people. If the average household uses 30kw a day, at $9 per kw that's $270 a day. Some people are going to have to put in for a loan for Feb's power bill.
 Quoting: Anonymous Coward 80029859


Sometimes a prefixed price is a better option, don't know if that's an option in the US.
 Quoting: Anonymous Coward 50730537


It's an option. The plans are advertised with the cheapest variable rate a couple cents cheaper than the fixed price to truck you into it.

I'm at 11 cents fixed.
Sheepster

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02/14/2021 02:08 PM
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Re: Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas
"Energy Emergency" - Texas Power Provider Warns Of Rotating Outages As Cold Weather Tests Limits Of Grid

"Scary as shit surge...

Sunday day ahead cleared 4765 for the peak and 2297 for the offpeak. HANDS DOWN BY FAR HIGHEST CLEAR ON RECORD.

And yep, all those folks on griddy were paying 9$ per KWh earlier today and continue to get lubelessly pounded"

[link to www.zerohedge.com (secure)]
 Quoting: Cheyenne



get the fucken ngenerator.....? Just a thought, small 4kw shouldpay itself off in 1-2 days.
Sheepster
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02/14/2021 02:13 PM
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Re: Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas
I looked up the average cost per kwh in the U.S. and it says it's about 14 cents per.

Just so everyone here can put that in perspective.

Having a hard time wrapping my head around it but I believe that' a more than 6400% markup.
Anonymous Coward
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02/14/2021 02:18 PM
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Re: Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas
How is this shit legal?
Anonymous Coward
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02/14/2021 02:20 PM
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Re: Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas
How is this shit legal?
 Quoting: Anonymous Coward 76810747


how is the FEDERAL ROTHCHILD RESERVE legal? the same way
Anonymous Coward
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02/14/2021 02:21 PM
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Re: Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas
How is this shit legal?
 Quoting: Anonymous Coward 76810747


Cant be. There are price gouging laws. If they make an issue of it something surely will be done
Anonymous Coward
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02/14/2021 02:21 PM
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Re: Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas
"Energy Emergency" - Texas Power Provider Warns Of Rotating Outages As Cold Weather Tests Limits Of Grid

"Scary as shit surge...

Sunday day ahead cleared 4765 for the peak and 2297 for the offpeak. HANDS DOWN BY FAR HIGHEST CLEAR ON RECORD.

And yep, all those folks on griddy were paying 9$ per KWh earlier today and continue to get lubelessly pounded"

[link to www.zerohedge.com (secure)]
 Quoting: Cheyenne


They're talking about spot price surge which by the time it get back down to the customer will barely change their rates at all. An individual will not be paying nine dollars per Kwh, they'll see an upsurge in cents per Kwh because of the balancing pool. The balancing pool means everyone shares the increase equally, so take the population of texas or whatever specific region might see the increase and divide the nine dollars by that number and that's what a residential customer will pay. To the average consumer, they'll never even notice the increase because it'll be a fraction by the time it gets to them. Zerohedge should have explained that or at least noted it.
Anonymous Coward
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02/14/2021 02:23 PM
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Re: Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas
from .12 cents per kilowatt hour to $9.00.
Anonymous Coward
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02/14/2021 02:24 PM
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Re: Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas
How is this shit legal?
 Quoting: Anonymous Coward 76810747


Cant be. There are price gouging laws. If they make an issue of it something surely will be done
 Quoting: Anonymous Coward 80049059


That's the phrase I was looking for
Anonymous Coward
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02/14/2021 02:25 PM
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Re: Sudden "Lubeless Pounding" - Energy Prices Skyrocket to $9.00 per kWh in Texas
How is this shit legal?
 Quoting: Anonymous Coward 76810747


Cant be. There are price gouging laws. If they make an issue of it something surely will be done
 Quoting: Anonymous Coward 80049059


That's the phrase I was looking for
 Quoting: Anonymous Coward 76810747


back in the day such deals were called WAR PROFITEERING





GLP