๐คmyshpa๐2y๐ผ52๐จ๏ธ101
(Replying to PARENT post)
Real time price:
https://www.ercot.com/content/cdr/contours/rtmLmp.html
Currently not high.
๐คkardianos๐2y๐ผ0๐จ๏ธ0
(Replying to PARENT post)
These peaks cry out for demand management. This means exposing customers to actual prices. But how is a homeowner to respond to these? This seems like a great use case for home automation, where systems can be automatically turned up/down, on/off, in response to changes in prices, or even in response to forecasts of changes (so, for example, a home might be precooled to below normal before a large peak, then allowed to gradually warm during the peak with the A/C turned off.)
More complex structured contracts with electricity providers might also be a solution, where consumers pay for only a certain level of reliability in the supply, with the provider being able to throttle power in tight situations.
(Precooling could be extended to making ice. A tonne of ice is ~1 m^3, which isn't that much volume. Storing energy this way could be much cheaper than doing so with batteries.)
๐คpfdietz๐2y๐ผ0๐จ๏ธ0
(Replying to PARENT post)
I predicted many years ago that the fall of America will be due to citizens unable to afford to run air con.
๐คbaz00๐2y๐ผ0๐จ๏ธ0
(Replying to PARENT post)
So, where is the free market supply/demand miracle to build more power supply here? It is a Republican state, right, can't blame anti-market Democrats for this.
Is it time lag? By the time someone thinks to build more power, it is winter again and everyone is like 'man, kind of chilly, nah-we're good'.
๐คFrustratedMonky๐2y๐ผ0๐จ๏ธ0
(Replying to PARENT post)
๐คRapzid๐2y๐ผ0๐จ๏ธ0
(Replying to PARENT post)
With electricity: Free markets, deregulation. Free for all. Disregulated.
Just the way critical utilities should be provided and consumed, without reliability.
๐คj45๐2y๐ผ0๐จ๏ธ0
(Replying to PARENT post)
๐คmontecarl๐2y๐ผ0๐จ๏ธ0
(Replying to PARENT post)
๐คhaltingproblem๐2y๐ผ0๐จ๏ธ0
(Replying to PARENT post)
One more step
Please complete the security check to access archive.li
What up? ^^
๐คjohnea๐2y๐ผ0๐จ๏ธ0
(Replying to PARENT post)
Well that's one way to discourage EV adoption
๐คpengaru๐2y๐ผ0๐จ๏ธ0
(Replying to PARENT post)
further evidence that it's totally appropriate to let markets run society.
:sarcasm: obviously
๐คjacknews๐2y๐ผ0๐จ๏ธ0
(Replying to PARENT post)
The power brokers also kept their energy grid off the federal network so they could also pollute and do horrible stuff at their impunity cause 'feds are bad'.
I guess this is an economic variant of darwinism.