Behind the power crisis in petroleum center Texas

New York (AFP) – Some 2.7 million households in Texas were still without power as of Wednesday morning in the wake of extremely cold weather buffeting the region. But while the unusual Arctic air mass has lashed numerous states with snow and sleet with more on the way Thursday, Texas, the heart of the country’s oil industry, has seen the worst of the power outages. Why is Texas suffering an electricity crisis?The Electric Reliability Council of Texas (ERCOT), which operates much of the state’s power grid, underestimated the surge in demand caused by the unusually cold weather and used planned …

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