Nathan McGough, CFO BASA Resources
After winter storm Uri nearly crashed ERCOT in February 2021, the Texas Legislature passed the "fix" to the grid. Or did they? While well intended, the legislation has a significant second order effect that may crash the grid during the next crisis.
After winter storm Uri nearly crashed ERCOT in February 2021, the Texas Legislature passed the "fix" to the grid. Or did they? While well intended, the legislation has a significant second order effect that may crash the grid during the next crisis.
00:00 - Nathan Mcadoo, Baysa Energy
00:50 - Nathan’s background in energy
03:40 - Nathan's journey into oil and gas
08:20 - Overview of Baysa Energy operations
10:04 - Texas grid failure: Causes and implications
15:14 - Winter Storm Uri: Events and impact
19:50 - Understanding LARA's functionality
23:00 - Texas grid's near disaster scenario
25:50 - Hot water systems during freeze events
29:55 - Consequences of the power outage
33:50 - Role of nuclear power in energy
36:25 - Overview of ERCOT's function
37:46 - Insights on Senate Bill 3
39:00 - Importance of Critical Infrastructure Designation
41:54 - Defining what should be critical
43:50 - EEA 3 and its critical assets
48:00 - Exemption application process for critical status
51:10 - Filing hearings with the Railroad Commission
55:10 - Involvement process in LAR
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Click here to watch a video of this episode.00:00 - Nathan Mcadoo, Baysa Energy
00:50 - Nathan’s background in energy
03:40 - Nathan's journey into oil and gas
08:20 - Overview of Baysa Energy operations
10:04 - Texas grid failure: Causes and implications
15:14 - Winter Storm Uri: Events and impact
19:50 - Understanding LARA's functionality
23:00 - Texas grid's near disaster scenario
25:50 - Hot water systems during freeze events
29:55 - Consequences of the power outage
33:50 - Role of nuclear power in energy
36:25 - Overview of ERCOT's function
37:46 - Insights on Senate Bill 3
39:00 - Importance of Critical Infrastructure Designation
41:54 - Defining what should be critical
43:50 - EEA 3 and its critical assets
48:00 - Exemption application process for critical status
51:10 - Filing hearings with the Railroad Commission
55:10 - Involvement process in LAR
https://www.instagram.com/digitalwildcatters
https://www.tiktok.com/@digitalwildcatters
https://www.facebook.com/digitalwildcatters
https://twitter.com/DWildcatters
