Why Was the Texas Energy Grid Unprepared for a Major Winter Storm?

A snowstorm and brutal cold hit an unprepared energy system and left nearly five million energy customers in Texas, North Dakota, Arkansas, Louisiana and Mississippi in the dark. Power companies in affected states had to resort to rolling power blackouts to save their networks from collapsing, leaving households and businesses without power and heat.

In recent years power grids have come to rely more on wind and solar power to meet increasing electricity demands. But the alternative energy sources can sometimes vary with the weather and this whether it was severe enough to hit both wind and gas fired generation in Texas. And there wasn’t enough reserve power to keep the lights on or the heat or even the water in some places.

The winter storm also crippled U.S. oil and gas production reducing it by more than a third in the Permian Basin. Major producer Occidental told customers it would be forced to curtail oil deliveries while Chevron shut some wells in the region. More than 20 refineries were disrupted by the polar blast sending gasoline futures surging. Temperatures in Texas were low enough to freeze oil and gas liquids in pipelines laid on the ground just as the cold cause demand to jump.

For more, watch the video above.

This article was contributed to by Bloomberg

Follow us on social media for the latest updates in B2B!

Latest

Can Fitness Be More Accessible?
How Technology Can Make Fitness More Accessible
October 20, 2021
  Key Points: Fitness members want an easy tool to use on their mobile device to manage classes, memberships, in-gym daycare and other fitness services provided by gyms. Customers of Daxko Read more
Helping Restaurants of All Sizes with the Restaurant Repair Process
Helping Restaurants of All Sizes with the Restaurant Repair Process
October 20, 2021
  Running a restaurant is hard work especially if you are a small business. There are a lot of tasks that go into day-to-day operations that can all be derailed if the wrong piece of equipment Read more
EP 26: VRF Systems Provide Flexible Heating & Cooling Options: 10 Minutes To A Better Building
October 20, 2021
On this episode of 10 Minutes To A Better Building, Host Tyler Kern talked with Jason Lawrence, Ductless Technical Specialist at Boland Trane, which provides HVAC solutions and a network of more than Read more