In Need of Another Rolling Blackout? Then Read This New Story of ERCOT.
The Story of ERCOT documents an alarming increase in borrowing and spending by the organization and a lack of accountability to state officials and regulators. The report shows that self-interested industry players dominate the ERCOT board while Texas consumers, who indirectly or directly pay the entire cost of the organization and the electric market that it helps oversee, have only a limited voice.I'm early into the doc -- the history-of, to be specific, dealing with the 1913 creation of the 60,000-volt line created to juice up the Dallas-Waco Interurban Electric Trolley Car System; that's round about where the click-to-embiggen map you see here comes in. But I've skimmed the rest -- and anyone remember the '04 scam that resulted in the '06 conviction of former FBI agent Carlos Luquis? Then there's this, from one of the myriad and-say-did-ya-know? sidebars contained within:
There have been 6,593 circuit miles and $ 4.4 billion in transmission improvements added in the ERCOT region since 1999. Another 2,888 miles are currently under study. Many of the proposed transmission lines will serve wind generators in West Texas and the Panhandle, rather than being used to directly relieve pressure on lines connecting metropolitan areas such as Houston and Dallas.You just had a rolling blackout, didn't you?