...if there is some plant or line necessary to meet demand for just 10 hrs, then in must amortize its cost over those ten hours. Translation: it is obscenely expensive to meet this demand. Think 100x the normal hourly cost.
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Replying to @Mihoda @interpretantion
Hurm I am skeptical of this explanation Is CA uniquely succeptible to such spikes? Because I can't recall them in other parts of the country, but remember them in CA in my youth and several times in the past few years And if so . . . it doesn't really seem like a tail event
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Replying to @eigenrobot @interpretantion
While weather does play a role, California is not uniquely susceptible to the demand spikes. The rolling blackouts in the Enron era were artificial supply shortages. The sad part about this week is that they didn't actually hit a demand peak. https://www.nytimes.com/2020/08/16/business/california-blackouts.html …
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The blackouts were planned based on forecasts and then never called off when the forecasts failed to materialize. This is just incompetence.
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I suggest googling, "Rolling blackout <state name>" Start with the sun belt states. Rolling blackouts happen every few years as capacity drops out for unexpected maintenance or demand spikes or frequently both.
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Have never experienced that here.
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Replying to @perilousphoto @Mihoda and
We’re breaking temperature records that may explain it
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We have had plenty of broken records in my lifetime. Very hot summers. By this logic we should have had issues. Never happened.
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Replying to @perilousphoto @manuelhe and
Some areas have overrbuilt more transmission capacity and generation capacity. The issue is that extra capacity is extraordinarily expensive since it must pay for itself in a tiny number of operating hours.
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I am curious about the cost of running a power plant Do they typically hit peak efficiency at top power generation? If not, eg if a given unit is more efficient at say 50-80%, seems like excess capacity would be optimal
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also seems like much of this could be dealt with by varying costs of power, if not for consumers at least for industrial users who would be more sensitive to it, no?
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