From KTRH:

Policy experts on Thursday laid out the issues being tackled and ideas being considered. Beth Garza, with decades of experience monitoring ERCOT and Texas power, outlined the problems that led to the downfall. Winter preparation was insufficient, she said, at all levels, from electricity, natural gas pipelines, water, roads and Texans unaccustomed to brutal winter conditions. She called the relationship between natural gas and electric systems one of co-dependency, and highlighted the inability of utilities to rotate between different types of available power sources when demand exceeded supply by 40%. And Garza said though she always seeks a market solution, there was too much reliance on the market to right the ship as it was going down.

Image credit: Pand P Studio

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