Been sitting on this for almost 2 weeks waiting or Jennifer Granholm, who is mentioned here as “Secretary of Energy”, to get confirmed. That just happened.

Accuracy is everything.

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As Texans struggle with the aftermath of an unprecedented winter storm leaving them with water and energy problems, Dallas County Judge (in Texas, County executives are called “Judges”) Clay Jenkins joins Stephanie Ruhle to discuss what residents need to do now.

Wall Street Journal:

Texas’s deregulated electricity market, which was supposed to provide reliable power at a lower price, left millions in the dark last week. For two decades, its customers have paid more for electricity than state residents who are served by traditional utilities, a Wall Street Journal analysis has found.

Nearly 20 years ago, Texas shifted from using full-service regulated utilities to generate power and deliver it to consumers. The state deregulated power generation, creating the system that failed last week. And it required nearly 60% of consumers to buy their electricity from one of many retail power companies, rather than a local utility.

Those deregulated Texas residential consumers paid $28 billion more for their power since 2004 than they would have paid at the rates charged to the customers of the state’s traditional utilities, according to the Journal’s analysis of data from the federal Energy Information Administration.

The crisis last week was driven by the power producers. Now that power has largely been restored, attention has turned to retail electric companies, a few of which are hitting consumers with steep bills. Power prices surged to the market price cap of $9,000 a megawatt hour for several days during the crisis, a feature of the state’s system designed to incentivize power plants to supply more juice. Some consumers who chose variable rate power plans from retail power companies are seeing the big bills.

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CNBC’s Brian Sullivan discusses what went wrong in Texas as the state reels from its energy crisis with Daniel Cohan, associate professor of civil and environmental engineering at Rice University

Imagining a V2G Grid

February 24, 2021

Imagine if the 4 million Texans who lost power last week had electric cars, that could have been tapped to support the grid during the emergency, or even just to keep the lights on in the households?
That potential will begin to emerge in the coming decade.

European take above, had some new information for me, in regard to the potential for the additional cycling of EV batteries to actually add to, not detract from, battery life.

Powerful ad by Shawn Lassiter, a new candidate for congress in Texas.

Denton (Texas) Record-Chronicle:

Denton Municipal Electric since Tuesday has spent $207 million to buy electricity, and officials now have to borrow the same amount to make the company whole in a crisis they didn’t create.

“This is a situation that no one could have predicted, obviously,” said David Gaines, an assistant city manager and Denton’s chief financial officer, in a virtual Denton City Council meeting Friday morning. “Our power expenses on a single day exceeded the expenses for the entirety of last year.”

DME is the city’s electricity provider.

“The immediate concern we have is what this means to our fund,” Gaines said after the meeting.

The DME budget is about $231.4 million.

“The $207 million we spent is for buying power off the grid,” he told the Denton Record-Chronicle later. “The immediate concern is that depleted our reserves. We had $100 million fund balance in the electric fund, but we had $200 million in unexpected costs. We’ve got to make up that whole $200 million just for immediate cash flow needs.”

Council member Deb Armintor called it a “statewide financial crisis.”

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OK they probably use some current – let’s generate it with renewables.