July 12, 2022
Source: Texas Monthly
On Monday the good people of Texas, many still suffering from lingering trauma as a result of the February 2021 failure of the state’s power grid, braced for bad news. The Electric Reliability Council of Texas, the much-maligned entity that manages Texas’s famously independent grid, warned that the situation was dire because of “a projected reserve capacity shortage with no market solution available.” If things got worse, rolling blackouts might be needed. Not great!
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