"And while they went to buy, the bridegroom came, and those who were ready went in with him to the wedding; and the door was shut."
Matthew 25:10
[Note: This interview was recorded a week ago. Due to a long series of technical issues, it's taken a week to get the recording in a form where it could be presented to the public. Our friend Chris Williams, of Chris Williams audio, was immensely helpful in that process.]
The recent heat wave has seen a spike in stories about Texas' electric grid; given that backdrop, it seemed like a good time to bring in Senator Bob Hall to discuss grid reliability in more...challenging...circumstances:
Highlights:
- Power interruption cost businesses A LOT of money.
- 1 second = $75k for one company.
- Texas' current grid is pretty reliable...in a benign environment.
- In the modern world, electricity is the third most important element to sustain life.
- Lots of bad foreign actors have access to this technology.
- North Korea was caught attempting to smuggle missiles through the Panama Canal in 2013.
- North Korea also has potentially hostile satellites orbiting the U.S.
- Texas spends far more subsidizing wind power than this would cost.
- Israel already does this.
- The technological changes are not particularly complicated.
- We're starting to see action on the federal level.
- Power reliability is a major factor in determining corporate site locations.
- The military would probably move additional assets into Texas if we did this.
- Austin, specifically, has been specifically threatened by North Korea.
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