Friday, April 21, 2006

Rolling black-outs in Texas. Is Texas headed for something like California's crisis? The answer - No, California really just doesn’t have enough power to go around. They have only built two power plants to Texas' 47 since 1995. What happened the other day in Texas was just a run of bad luck. Texas power producers had many plants offline for planned maintenance, then we hit a record high and everyone turned on their A/C's. Plus, the PUC of Texas has also instituted much stronger consumer protection rules for those in Texas and much higher qualifications for retail electric providers that operate in Texas. We do need to conserve energy any way we can, and that will help everyone. TXU just announced that they are going to spend $10 billion on electricity plants in Texas, and they expect that to meet Texas' growing power demands into 2015.

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