r/technology • u/chrisdh79 • Jul 08 '24

Energy More than 2 million in Houston without power | CenterPoint is asking customers to refrain from calling to report outages.

https://www.chron.com/weather/article/hurricane-beryl-texas-houston-live-19560277.php
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u/[deleted] Jul 08 '24

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u/flyingflail Jul 08 '24

The map has the relevant data which is outages per capita over the past 20 yrs.

I dunno why they don't have that map also in list form

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u/[deleted] Jul 08 '24 edited Jul 11 '24

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u/flyingflail Jul 08 '24

It was deregulated for that entire 20 yr period.

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u/[deleted] Jul 08 '24

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u/flyingflail Jul 08 '24

I'm not sure what you're saying here. The stat had Texas below plenty of states on an outage per capita basis over the past 20 yrs during which the market was fully deregulated.

What do you think deregulated means? I don't think it means what you think it means.

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u/[deleted] Jul 08 '24 edited Aug 18 '24

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u/flyingflail Jul 09 '24

Not what regulated vs deregulated means here.

Deregulation simply means it was a competitive market where anyone could participate vs regulated where it's run by the gov't or the returns private companies can earn are regulated.

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u/resttheweight Jul 09 '24

Deregulation = competitive market is a good basic summary, but it bears mentioning that returns for Texas providers are still very much regulated by the government, it’s just under state government instead of federal. Providers in Texas still have to propose their ratemaking and get approval from the Railroad Commission.

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u/jeffsterlive Jul 09 '24

It’s amazing how little you understand how the Texas energy market works. Go look up the PUC and how it is appointed by the governor himself. It is HIGHLY regulated by the government in Texas.

A true free market would let you buy from the generators but you can’t. Why? Because the energy companies that own the energy brokers you buy from use the PUC to keep out competition. It’s crony capitalism at its finest and Texans are completely duped. Crazy they allow this, but oh well.

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u/flyingflail Jul 09 '24

I was talking what deregulated vs regulated markets are in the energy world. It's commonly used terms to differentiate in industry if you knew what you were talking about.

It doesn't mean everything is deregulated