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Whatttttt123455 t1_j5k12ow wrote

Texas did load shed. The generation and fuel was not there, so load shed was the only option. There are strict federal guidelines in place for how to keep the grid secure. That falls under the authority of NERC, which falls under the authority of FERC. Texas had few guidelines or requirements on the generators and could enter or exit the market anytime they chose to do so. That is because Texas is a big oil and gas state. The Texas legislature does not want to put a burden on energy producers that could cut into their profits.They recently passed lip service laws to require inspections, but it won't do much if a situation like this were to occur again.

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VoraciousTrees t1_j5k3r8j wrote

It did, just this winter, albeit on a much smaller scale.

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Kinnasty t1_j5mqixu wrote

On the 23rd? ERCOT didn’t even call an EEA (emergency event), though real time electricity prices did get quite high.

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