US Board leaders of Texas’ grid operator resign after outages
Blackouts Cascade Beyond Texas in Deepening Power Crisis
Blackouts trigged by frigid weather are spreading across the central U.S. and into Mexico as an energy crisis that’s already brought Texas’s power grid to its knees deepens. © Photographer: KENA BETANCUR/AFP People cross the street as snow falls in North Bergen, New Jersey on February 7, 2021. As more than 2 million homes in Texas are already without power, the operator of an grid spanning 14 states from North Dakota to Oklahoma ordered utilities to start rotating outages to protect the system from failing amid surging demand for electricity. The outages have also spread into Mexico.
Four board leaders of Texas' embattled power grid operator said Tuesday they will resign following outrage over more than 4 million customers losing power during a deadly winter freeze last week.
All of the board directors stepping down, which included Chairwoman Sally Talberg, live outside of Texas, which only intensified criticism of the Electric Reliability Council of Texas.
Video: 'Poor planning' by Texas energy industry caused crisis during once-in-generation freeze: Texas lawmaker (FOX News)
The resignations are effective Wednesday, a day before Texas lawmakers are set to begin hearings over the outages in the state Capitol.
As Texans went without heat, light or water, some companies scored a big payday .
The nation's most deregulated energy economy was supposed to be a win for consumers, and for energy companies nimble enough to do business in a bustling, cacophonous market. But a cold snap shattered it last week.The nation’s most deregulated energy economy was supposed to be a win for consumers and for energy companies nimble enough to do business in a bustling, cacophonous market. But the cold snap — rare but by no means unprecedented — shattered it last week, plunging consumers into misery and leaving a badly prepared and dislocated energy sector in pieces.