On Wed, 3 Mar 2021 09:03:37 -0600, bud-- wrote:

On 3/1/2021 5:42 PM, Clare Snyder wrote:
On Mon, 1 Mar 2021 16:07:58 -0500, Ralph Mowery
wrote:



A few years ago Texas was talking about leaving the US. Maybe we should
have let them.

A few years ago there was a petition for Texas to succeed from the
United States.

At the same time there was a petition to kick Texas out of the United
States.

They wanted their own power grid to stay away from the
Federal regulations.

Now I don't really understand all the ins and outs of this, but seems
they can not keep the lights on with out a big money problem with a week
of ice.

How can there be an electric charge of one weeks of power that exceeds
abot 3 times what it should be for a year ?

I don't know who will be left holding the bag for this situation.


Bloomberg) -- The largest power generation and transmission cooperative
in Texas filed for bankruptcy in the wake of power outages that caused
an energy crisis during the winter freeze last month.

Brazos Electric Power Cooperative filed for Chapter 11 in Texas after
racking up an estimated $2.1 billion in charges over seven days of the
freeze. Last year, it cost cooperative members $774 million for power
for all of 2020.

Brazos supplies power to its member coops, who sell to customers.

Brazos refused to pass on exorbitant charges to their member coops and
is using bankruptcy to avoid it.

An emplyee in a 2019 review stated
"Will pay better than any other job in the area. If you can get a job
here the likely hood that you will be laid off is very low. You will
get many hours, especially during outages."

etc
Is that for Brazos?
For a generating plant in Texas?
(Interesting comments.)
Yes - for brazos generating plant in Texas