Re: Financial topics
Posted: Sat Feb 20, 2021 3:49 pm
As some others have summarized the Texas disaster best...
It is sad and ironic that in a state known for its huge petroleum and natural gas resources, the lack of reliability of wind power has brought the state to its knees in a time of crisis, not unlike that which California experienced in 2020 during record heat where wind and solar power could not keep up with demand and was near collapse.
The folly of chasing renewable energy as a means of mitigating “climate change” is making itself abundantly clear today in Texas. When will politicians wake up and realize that renewable energy almost always equates to unreliable energy
The simple 5-step solution according to Cascend:
Winterize equipment
Require power reserve
Connect the Texas grid better
Add solar with storage (storage is key)
And add more natural gas
https://www.youtube.com/watch?v=_h9MxNn8P7w
It is sad and ironic that in a state known for its huge petroleum and natural gas resources, the lack of reliability of wind power has brought the state to its knees in a time of crisis, not unlike that which California experienced in 2020 during record heat where wind and solar power could not keep up with demand and was near collapse.
The folly of chasing renewable energy as a means of mitigating “climate change” is making itself abundantly clear today in Texas. When will politicians wake up and realize that renewable energy almost always equates to unreliable energy
The simple 5-step solution according to Cascend:
Winterize equipment
Require power reserve
Connect the Texas grid better
Add solar with storage (storage is key)
And add more natural gas
https://www.youtube.com/watch?v=_h9MxNn8P7w