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Article content (Bloomberg) — Texas lawmakers are grilling power executives, regulators and others for a second day about why the state’s energy system failed last week. So far the hearings have led to plenty of finger-pointing but few clear answers about how to prevent a similar crisis in the future. Executives from Calpine Corp., Vistra Corp. and NRG Energy Inc. blamed natural gas-supply shortages, grid disturbances and a lack of communication from the grid operator known as Ercot. Ercot, meanwhile, said it simply followed the rules and direction set by the state’s Public Utility Comm...

Publishing date: Feb 26, 2021  •  February 26, 2021  •  4 minute read  •  Article content (Bloomberg) — Texas lawmakers are grilling power executives, regulators and others for a second day about why the state’s energy system failed last week. So far the hearings have led to plenty of finger-pointing but few clear answers about how to prevent a similar crisis in the future. Executives from Calpine Corp., Vistra Corp. and NRG Energy Inc. blamed natural gas-supply shortages, grid disturbances and a lack of communication from the grid operator known as Ercot. Ercot, meanwhile, s...

TEXAS snow storm and freezing cold weather has killed at least 21 people, with widespread electricity and power blackouts over the past few days. Health officials have now warned seven million people in the US state that their tap water may not be safe, and it should be boiled before drinking.