A panel of judges has said that big power companies cannot be held liable for failure to provide electricity during the 2021 blackout. The reason is Texas’ deregulated energy market.
The company chose not to prepare their infrastructure for cold weather. And they still haven’t done so even after the 2021 disaster.
That’s a preventive maintenance issue, and has absolutely nothing to do with it being a de-regulated energy market, which is what the article specifically states is the reason.
You don’t have to be an electrical engineer to see that the reason this happened is corporate greed, literally putting profits over people’s lives.
Actually genius, profits and corporate greed would keep the system running to keep racking up those kilowatt hours, not letting it fail and losing out on the profits. Do you think before you speak? That’s ignoring that even in a regulated system, profit is still very much part of the equation, so fail again.
That’s a preventive maintenance issue, and has absolutely nothing to do with it being a de-regulated energy market, which is what the article specifically states is the reason.
Actually genius, profits and corporate greed would keep the system running to keep racking up those kilowatt hours, not letting it fail and losing out on the profits. Do you think before you speak? That’s ignoring that even in a regulated system, profit is still very much part of the equation, so fail again.