On 2/16/21 17:45, JASON BOTHE via NANOG wrote:

The professor has it right. Before the state privatized the grid and made 
ERCOT, we never had these problems. Every few years, these private companies 
complain they need a rate hike because they need a grant to ‘beef up’ the 
infrastructure and it’s granted although we seem to keep having this issue. I’m 
certain history will continue to repeat itself.

Over here in South Africa, our power company does the exact same thing. The difference is that it is not private :-).

Mark.

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