A Texas Winter to Never Forget

Austin, Texas (March 10, 2021) — Enverus, the leading energy SaaS company, has released its latest FundamentalEdge report, Winter Reaches Texas, an objective, unbiased look back at Texas’ exceptionally cold weather beginning on Feb. 10 and the power story that left millions in the freezing dark and resulted in numerous deaths. “The finger pointing resulting in four million without power and 70 deaths really needs to stop. There is plenty of blame to go around,” says Bernadette Johnson, senior vice president of power and renewables at Enverus. “Texas was not prepared for this cold snap. And that’s truly unfortunate because this event looks eerily similar to what happened the first week of February 2011. During that period, an extreme cold spike led to a sharp increase in demand, several thermal generators tripped offline due to the extreme temperatures, and wind capacity was reduced due to icy conditions. “The Electric Reliability Council of Texas (ERCOT) is getting a lot of heat for their role, but the fact that it wasn’t worse is because of those grid operators, and they deserve credit for that. If the whole grid had gone totally offline, the physical damage to power infrastructure from overwhelming the system could… continue reading

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