A friend of mine who works from home was trying to get me to switch to Griddy which offers pass-through market prices at 15 minute increments. Today his electric bill was $9 and that was after he turned off literally everything except his fridge. He even turned off his hot water heater.
We only had 3% capacity left in the system, yet out in the Permian Basin operators are flaring off excess gas because they have no access to pipelines or choose not to pay for it. *1
Until the Texas Railroad Commission stops allowing flaring permits and forces operators to connect the energy of all that gas is wasted, which is a damn shame.
We could definitely use that gas (after processing) to run peakers until better storage comes online. But how do you sell the idea of investment to flatten energy prices in an unregulated market?
We only had 3% capacity left in the system, yet out in the Permian Basin operators are flaring off excess gas because they have no access to pipelines or choose not to pay for it. *1
Until the Texas Railroad Commission stops allowing flaring permits and forces operators to connect the energy of all that gas is wasted, which is a damn shame.
We could definitely use that gas (after processing) to run peakers until better storage comes online. But how do you sell the idea of investment to flatten energy prices in an unregulated market?
(1) https://oilprice.com/Energy/Natural-Gas/Gas-Flaring-Running-...