February blackouts
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Legal & RegulatoryFormer FERC Commissioner Says ‘Market Design Problem’ Was a Leading Cause of February 2021 Texas Power Crisis
In February 2021, a severe cold weather event, known as Winter Storm Uri, caused numerous power outages, derates, or failures to start at electric generating plants scattered across Texas and the south-central U.S. The Electric Reliability Council of Texas (ERCOT), which manages the power supply for about 90% of the load in Texas, ordered a […]
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LegislativeTexas Governor Enacts Grid Reliability Measures, Including Power Plant Weatherization, ERCOT Reforms
Texas Gov. Greg Abbott has signed into law sweeping bills approved by Texas legislators that will require power generators in the state to weatherize against extreme events and revamp organizational oversight of the Electric Reliability Council of Texas (ERCOT). Hours before the state’s regular 140-day legislative session dwindled to its end on May 30—and amid […]