Texas faces blackouts amid rocketing power prices as Arctic freeze covers central US
Operator warns of rolling cuts as electrical system buckles under surging heat demand
15 February 2021 - 09:12
New York/Boston/Los Angeles — The arctic freeze gripping the central US is raising the spectre of power outages in Texas and ratcheting up pressure on energy prices already trading at unprecedented levels.
In Texas, where temperatures in Dallas are forecast to be -16°C, the operator of the state’s power grid warned it may need to resort to rolling blackouts as surging demand for heat strains the electrical system. While outages may occur on Sunday, the risk is higher on Monday and Tuesday, when officials expect power demand in Texas to reach a record high...
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