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demand curve

Load Flexibility vs Indeterminate Supply and Demand

By Energy Rant No Comments
Two weeks ago, I roasted the federal government’s solution to 24/7 renewable energy: buy renewable energy locally. That can work to some degree for locating new-build data centers, which are significant loads on the grid. Most other sectors and subsectors need access to ports, rail, supply chains, and people – i.e., cities and military bases. For the most part, they are not geographically positioned with local access to significant renewable energy generation and, therefore, need electron superhighways known as transmission lines to receive bulk power sources hundreds of miles away and in different time zones in many cases. Pole and…
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Texas Heat – An Energy Market

By Energy Rant No Comments
Texans may need Tabasco, not just for their favorite dish or condiment, but as a deterrent to chewing their fingernails as they ride the cliff of blackouts this summer. Numerous articles, including this most recent one I saw from the Fort Worth Star-Telegram, caution of rolling blackouts as capacity margins are less than 7.5%, which is about half the margin the Electric Reliability Council of Texas (ERCOT) would like to maintain. Supply and Demand I drew a cartoon showing supply and demand curves for differing scenarios below. Sales will increase slightly at lower prices. Electricity sales are very inelastic in…
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