Birdwatch Note Rating
2022-06-06 13:31:22 UTC - HELPFUL
Rated by Participant: BE06BBF9C2FA5FD75F12BB233FFB537D4A0F4A3FCBB2E527B8A4B7FBBDC1D697
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Original Note:
The article stated renewables are actually stabilizing the price of the ERCOT market. https://www.dallasnews.com/business/energy/2022/06/02/were-in-trouble-electric-rates-in-texas-have-surged-over-70-as-summer-kicks-in/ The increase in cost is due to rising nat gas prices, which is 45% (highest) of TX's generation. https://www.eia.gov/state/?sid=TX#tabs-4 https://www.texastribune.org/2021/02/16/natural-gas-power-storm/ https://www.reuters.com/business/energy/us-power-natgas-prices-soar-spring-heatwave-blankets-country-2022-05-19/ https://www.utilitydive.com/news/power-electricity-prices-pjm-new-england-gas-lng/623724/ Some TX coal plants have been offline due to rebuilding from a recent fire. https://www.click2houston.com/news/local/2022/05/09/fire-breaks-out-at-power-plant-in-fort-bend-county-officials-say/ https://www.houstonchronicle.com/news/houston-texas/houston/article/Fire-erupts-at-power-plant-near-Richmond-17158898.php
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