The official autopsy of the great Texas winter blackout of February 2021 quickly established a clear timeline of events: Electric utilities cut off power to customers and distributors as well as natural gas producers, which in turn triggered a negative feedback loop that sunk the state deeper and deeper into frigid darkness.
Gas Sellers Reaped $11 Billion Windfall During Texas Freeze
Jul 14, 2021 | Press
TCPA is a non-profit trade association representing power generators, wholesale power marketers, and retail providers with investments in Texas and the ERCOT wholesale and retail electric markets. TCPA members own more than 54,000 megawatts of generation capacity and 82% of all natural gas generating capacity in the ERCOT/Texas market. That’s approximately half of all the installed generation capacity and 2/3 of the non-wind capacity in ERCOT. They represent billions of dollars of investment in the state, and they employ thousands of Texans.