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The Electric Reliability Council of Texas (ERCOT) manages the flow of electric power on the Texas Interconnection that supplies power to 26 million Texas customers – representing 90 percent of the state's electric load. [3] ERCOT is the first independent system operator (ISO) in the United States [4] and one of nine ISOs in North America. [5]
In addition to equipment problems, demand for electricity in Texas hit a record 69,692 megawatts (MW) on February 14 — 3,200 MW higher than the previous record set in January 2018 and 12,329 MW higher than its current capacity. [64] [65] The Electric Reliability Council of Texas (ERCOT) initiated rotating outages at 1:25am on February 15. [66]
Nationwide data from the U.S. Energy Information Administration [7] shows that Texas's electric prices did rise above the national average immediately after deregulation from 2003 to 2009, but from 2010 to 2015, prices dropped significantly below the national average price, with a total cost of $0.0863 per kWh in Texas in 2015 vs. $0.1042 ...
Texas power provider Brazos filed for Chapter 11 bankruptcy protection after it racked up bills in massive outages during February's winter storm.
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October 15—Venezuela—A fire in La Arenosa electrical station in Carabobo caused a massive blackout which affected 16 states varying from 1 to 3 hours, although some reported that it took 18 hours in some zones. The Electrical Energy Minister Luis Motta Domínguez reported that the cause of the fire was because of an explosion. [206]
The electrical power grid that powers Northern America is not a single grid, but is instead divided into multiple wide area synchronous grids. [1] The Eastern Interconnection and the Western Interconnection are the largest. Three other regions include the Texas Interconnection, the Quebec Interconnection, and the Alaska Interconnection.