By Nick Rosen More than half of energy-rich state’s total power generation capacity remains offline
The electric grid, which is designed to enable energy trading rather than protecting domestic consumers, has collapsed in Texas due to extreme winter weather. The same thing could easily happen elsewhere in America.
Houston’s mayor Sylvester Turner, a Democrat, wrote on Twitter: “The city does not control the Texas power grid. We do not oversee Ercot which manages and serves as the traffic cop for the electric grid. That is the governor and the State of Texas.”
Hundreds of thousands of lives have been disrupted as energy prices spiked 100
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