As a record winter storm wreaked havoc on the state s power system, with relays and valves freezing up, it quickly became clear that all sorts of key infrastructure operators had not sufficiently protected their equipment from the brutal cold.
In declaring weatherization an emergency item for this year’s legislative session, Gov. Greg Abbott directed lawmakers to mandate the winterization of the state’s power system and “ensure the necessary funding for winterization.”
But lawmakers disagree about how to pay for such an effort which could cost billions of dollars and whether any amount of state money at all should go toward winterization of private plants.
Updated / Thursday, 4 Mar 2021
18:40
Last month s storm killed dozens of people, left millions without electricity and water and caused billions of dollars in damage
The polar vortex storm that plunged the US state of Texas into chaos continues to reverberate through the state s power grid operator, which fired its chief executive as Congress launched an investigation into its failures.
The cost of last month s storm, which killed dozens of people, left millions without electricity and water and caused billions of dollars in damage has prompted ratings agencies to downgrade the debt of Texas s electric utilities, at least one of which has already filed for bankruptcy.
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Chairman Richard Glick said the Federal Energy Regulatory Commission won’t be satisfied with issuing mere “guidance” to Texas power generators, as it did after the 2011 freeze.
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