this post was submitted on 19 Jul 2024
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Has to be those frozen wind turbines and solar panels... (lemmy.world)
submitted 3 months ago* (last edited 3 months ago) by [email protected] to c/[email protected]
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Source - The colors of the grids represent CO2 emissions

The title is a reference to the 2021 Texas power crisis

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[โ€“] [email protected] 3 points 3 months ago (1 children)

I'm not sure how it works in Europe, but power grids being privatized is a big issue in USA. It's essentially a monopoly where one company owns and operates the grids in one or a few states. There's no incentive to maintain the grid because there's no competition and they receive government funding whenever a crisis like this occurs. It's cheaper to just eat the fines than it is to buy electricity from neighboring states.

[โ€“] [email protected] 3 points 3 months ago

because there's no competition

I think competition is not part of problem here. Privatization is.