Energy Trader: We’ve Officially Hit “Holy S*it Levels”. Texas Power Grid is Straining Under the Cold From Power Usage
The Texas power grid is straining under the cold from power usage.
As the day has progressed, amid deteriorating weather forecasts and no let up in demand (despite ERCOT’s urgings), a trader at a Houston energy firm sums the situation up as eloquently and succinctly as ever: “we’ve officially hit the ‘Holy F****** S*** Levels’ here…” As a result of this, Texas power grid operator ERCOT, has issued a statement warning of an “energy emergency” and threatening “rotating outages” just when residents need the power to heat their homes the most…
