(8) comments Back to story

Gary Scoggin

Mr. Allen is correct. The only thing “Soviet Style” about the power disaster was the political rhetoric.

Jim Forsythe

The ERCOT grid has been limping alone for years, just as the old Soviet Union did until each broke down. Ed Hirs statement did not say that the old Soviet Union owned private property and was not calling ERCOT a Soviet-style bureau. If you remember, just before it's the old Soviet Union collapsed they were doing things like reusing syringes and other medical equipment that should be used once.

ERCOT has been doing the same by just patching the problem's and not fixing them. I went thru the same thing in one of the companies that I worked for, with a outcome that was not good.

This is the statement that Ed Hirs made.

"Ed Hirs, an energy fellow in the Department of Economics at the University of Houston, blamed the failures on the state’s deregulated power system, which doesn’t provide power generators with the returns needed to invest in maintaining and improving power plants."

“The ERCOT grid has collapsed in exactly the same manner as the old Soviet Union,” said Hirs. in exactly the same manner as the old Soviet Union,” said Hirs. “It limped along on underinvestment and neglect until it finally broke under predictable circumstances.

“For more than a decade, generators have not been able to charge what it costs them to produce electricity,” said Hirs. “If you don’t make a return on your money, how can you keep it up? It’s like not taking care of your car. If you don’t change the oil and tires, you can’t expect your car to be ready to evacuate, let alone get you to work.”

Charles Douglas

That grid would have held up if Red China had given the instructions on how to build it, and not the Solviet Union I bet. Red China is our friend, ..China sells us cheap stuff made from SLAVE labor.

Jim Forsythe

What part of Electric Reliability Council of Texas (ERCOT) is being run by the Soviet Union or China. Which of the power companies that are part of ERCOT, where built by the Soviet Union or China.

The system of all the power being controlled by ERCOT, is not working.

Gary Miller

Charles> China has gone 100% for capitalism as their business model. A socialist government guarantees capitalists are free to opporate as they please. The socialist government is too smart to interfere with the capitalists who make and sell high quality products..The Socialist government even provides capital money for start up or expansion. The Soviet Unions bureaucracies couldn't sell the crap they made. America's bureaucracies regulate US business to please the Bureaucrats instead of US consumers. Did you like what the ERCOT bureaucracy did to our energy business in Texas? I suspect they expect to get more money and power from it.

Charles Douglas

Mr. Miller> [thumbup]

Gary Scoggin

Time may indeed show us that the problem with ERCOT was that it wasn't bureaucratic enough.

Bailey Jones

I suspect that it's not the bureaucracy, but the mission statement. We need regulators that put people first.

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