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Showing Original Post only (View all)The impossible just happened in Texas [View all]
http://www.businessinsider.com/the-impossible-just-happened-in-texas-2015-9?utm_content=buffer58f9a&utm_medium=blog&utm_source=twitter.com&utm_campaign=Epoca+Now+via+BufferDaniel Gross, Slate
Sep. 20, 2015, 4:02 PM
Shutterstock
Austin, Texas.
In the wee hours of the morning on Sunday, the mighty state of Texas was asleep.
The honky-tonks in Austin were shuttered, the air-conditioned office towers of Houston were powered down, and the wind whistled through the dogwood trees and live oaks on the gracious lawns of Preston Hollow.
Out in the desolate flats of West Texas, the same wind was turning hundreds of wind turbines, producing tons of electricity at a time when comparatively little supply was needed.
And then a very strange thing happened: The so-called spot price of electricity in Texas fell toward zero, hit zero, and then went negative for several hours.
As the Lone Star State slumbered, power producers were paying the state's electricity system to take electricity off their hands. At one point, the negative price was $8.52 per megawatt hour.
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Lots of thing! Could be exported, could be stored, but the point is the abundant energy everywhere.
Fred Sanders
Sep 2015
#37
Our port off loads wind turbine blades everyday now. You see them going out by rail and truck all
Dustlawyer
Sep 2015
#34
And only in Texas because Texas' power grid is self-contained and aren't linked with . . .
brush
Sep 2015
#56
Sounds like a "windfall" profit for those shorting the Southwest electricity futures market.
leveymg
Sep 2015
#26
Saying in that area: The wind is always blowing sand, except when it's blowing ice.
Eleanors38
Sep 2015
#30
Pickens is right, the government should build the lines like Ike did the interstates . . .
brush
Sep 2015
#57
Gosh. Imagine what would happen if this was how it was around the whole country?
Octafish
Sep 2015
#48
I don't see any Hillary logos in this thread. Is she against wind power? nm
rhett o rick
Sep 2015
#50
Wind farms having to pay for producing electricity is a good thing for renewables? (nt)
Recursion
Sep 2015
#76