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Texas power prices briefly soar 1,600% as a spring heat wave is expected to drive record demand for energy (fortune.com)

submitted 6 months ago by pro_grammer@programming.dev to c/technology@lemmy.world

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[–] deranger@sh.itjust.works 37 points 6 months ago* (last edited 6 months ago)

Instead of requiring weatherization, they allowed power plants to opt out.

Lawmakers on the Senate Business and Commerce Committee were frustrated that the new law allows natural gas companies to opt out of weatherization requirements if they don’t voluntarily declare themselves to be “critical infrastructure” with the state.

https://www.texastribune.org/2021/09/28/texas-power-grid-loophole/