In the News
Denton paid $210M for electricity during February winter storm. They had budgeted $83.3M for the year
“A true black start situation means … no electricity anywhere, anytime for anything,” said Beth Garza, ERCOT’s former independent monitor. “If I spend a little time thinking about it, it pretty quickly gets to kind of a Mad Max Thunderdome kind of outlook…”
Garza, the former ERCOT independent monitor, told WFAA that the “uplift” mechanism was never designed to deal such a large volume of dollars. As a result, it’s insufficient to deal with the problem.
Watch here.
