February 17, 2021      10:37 AM
ERCOT talks about when they knew, what they did, and why current standards failed the state this week
Some specifics that likely will be the crux of lawmaker questions when the Texas House convenes its committee hearing later this month
As the net tightens around blame for the current massive
power outage across Texas – some Republicans talk a debunked theory of overreliance
and wind while experts criticize a lack of mandatory
winterization for power plants – it’s appropriate to hear ERCOT answer
questions about key issues in their own words.
To provide a brief review of key points in prior ERCOT
media calls: Yes, ERCOT CEO Bill Magness is out of power, just like you.
The non-profit corporation does not own or control the state’s power and
transmission assets; its goal is to limit load during peak demand to keep the
state from going into a blackout.
And, no, we are not in a blackout – by the strictest
definition – although many people have been without power for more than two
days, at this point.
Now, let’s get to some of the
specifics that likely will be the crux of lawmaker questions when the Texas
House convenes its committee hearing on February 25.