The board that oversees ERCOT held an urgent meeting Wednesday morning to discuss the winter storm that crippled most of Texas last week. They offered apologies for the devastation the power outages have caused and pledged to gather the facts to help lawmakers determine how to prevent it from ever happening again.
ERCOT’s CEO, Bill Magness faced questions from his own board about why these power outages were so severe and why the agency was not able to predict such a devastating outcome before the storm hit.
“I mean, we saw something here that, you know, outstrips any extreme scenario,” said Magness.
In an online presentation to ERCOT’s board, Magness showed slides revealing an updated analysis showing nearly half of the power generating units, 48.6%, in the state shut down at the height of the outages.
All of this caused by a weather system he described as…
