161–170 of 493 posts
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Is this true though? Texas has had some well-publicized failures (well, really one major one), but as best as I can tell they are more or less middle of the pack on grid reliability[1]. I mean, you'll need a backup generator anywhere, but the report I found (admittedly with just a bit of googling) makes it seem like Texas is a better potential location than quite a few states (including California). [1] - https://www…
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"There have been 263 power outages across Texas since 2019, more than any other state, each lasting an average of 160 minutes and impacting an estimated average of 172,000 Texans, according to an analysis by electricity retailer Payless Power ( https://paylesspower.com/blog/blackout-tracker/ )" Also in 2021 210 people died. This is a huge deal. This wasn't just a little outage.
What you talked about is not a Texas grid problem, but a local problem. The Texas grid itself is very reliable. > Also in 2021 210 people died. This is a huge deal. This wasn't just a little outage. Yes, a rare storm knocked out power and people died. It is a big deal and a lot of things changed after the event. But I want to put it into perspective. In 2024, ~62,800 people in Europe died to heat-related events.
>But I want to put it into perspective. In 2024, ~62,800 people in Europe died to heat-related events.
Most of these deaths are not because of electrification but the fact that homes are built out of bricks and mortar and become ovens with heat waves that get hotter each year and ~10% to ~20% [2] of homes in Europe have air conditioning meanwhile ~95% [3] of homes have air conditioning. Your apples to oranges comparison mostly shows how Europe is generically unprepared for climate adaption (specifically heat resilience) and has nothing to do with electrification stability.
[1] https://www.texasenvironment.org/news-room/heat-related-deat... [2] It's all over the place some places like UK are around 5% adoption while southern Europe can be close to as much as 95% adoption. [3] https://www.eia.gov/consumption/residential/data/2020/state/...
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The issue is the speed of light.
Not really because anyone running a trading strategy that needs to worry about latency is already running their servers in the same datacenter as the exchange, so that just moves with it. What probably is an issue is that the datacenters required for a market don't look like AWS datacenters. I don't have any direct experience here, but I would be shocked if HFT software is something you could just deploy to a standar…
Hope they have ample backup power
Doesn't matter where you are you need that. There is no place in the world where the grid is reliable enough that someone who wants to operate with high reliability can get by without ample backup power. Grid power is normally a lot cheaper than running backup power (that is the capital and maintenance costs are sunk costs, just counting fuel) so it isn't worth disconnecting from the grid despite having enough backup…
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What you talked about is not a Texas grid problem, but a local problem. The Texas grid itself is very reliable. > Also in 2021 210 people died. This is a huge deal. This wasn't just a little outage. Yes, a rare storm knocked out power and people died. It is a big deal and a lot of things changed after the event. But I want to put it into perspective. In 2024, ~62,800 people in Europe died to heat-related events.
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Yes, from https://www.txse.com/solutions : TXSE's goal is to provide greater alignment with issuers and investors and address the high cost of going and staying public. The alignment part translates IMO to avoiding political / social science policy issues like avoiding affirmative action listing requirements like the Nasdaq Board Diversity Rules that was just recently repealed: https://corpgov.law.harvard.edu/2025/01…
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> mental shackles of subordination to psychological abusers and manipulators that are constantly pushing the idea that state's rights are subsumed to federal rights Wow. The inter-state commerce clause is a real thing and it does give the federal government broad lattitude to regulate "commerce" across state lines. Commerce seems to entail the flow of both goods and services. We are in this situation because people a…
Getting? The dog whistle is a bullhorn.
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Texas has installed a vast number of solar and battery backup systems since 2019. And it will be a few years, but is going HEAVILY into nuclear (and for the next 3.5, is going to get auto-approval to actually build them. ERCOT is changing fast, don't rehash stale narratives.
Also wind, more than 40GW installed capacity, leading the USA and ahead of many other countries.
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Maybe you got a bit lucky. https://en.wikipedia.org/wiki/2021_Texas_power_crisis#Backgr... > In 2011, Texas was hit by the Groundhog Day blizzard between February 1 and 5, resulting in rolling blackouts across more than 75% of the state… Following this disaster, the North American Electric Reliability Corporation made several recommendations for upgrading Texas's electrical infrastructure to prevent a similar event o…
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Equinix Dallas was hours from running out of fuel during the last snowpocalypse.
Is this saying it was "hours away" and safe or "hours away" and nearly missed a disaster? I assume the latter.