February 26th, 2021
The Texas deep freeze was close to the sum of all fears for electric and gas utilities. If it could go wrong, it did go wrong, and Texans suffered. It has been a shot heard around the world.
Clearly Texas must rethink, rebuild, and reprioritize. Everything in the state is on the table, from its electric isolation to whether it should be under the Federal Energy Regulatory Commission (FERC) umbrella with new interconnections to the national grid.
The first priority is to find out what happened, generator by generator, system by system and fuel by fuel.