• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 2 days How Far Have We Really Gotten With Alternative Energy
  • 6 days Natron Energy Achieves First-Ever Commercial-Scale Production of Sodium-Ion Batteries in the U.S.
  • 7 days Bad news for e-cars keeps coming
  • 5 days The United States produced more crude oil than any nation, at any time.
  • 8 days RUSSIA - Turkey & India Stop Buying Russian Oil as USA Increases Crackdown on Sanctions
Will China's Central Bank Cut Rates to Boost Sagging Economy?

Will China's Central Bank Cut Rates to Boost Sagging Economy?

China's consumer price inflation slows…

Maduro Inserts Himself 13-Times on Venezuela Election Ballot

Maduro Inserts Himself 13-Times on Venezuela Election Ballot

In Venezuela, where elections will…

ERCOT: Texas Is Ready For The Winter

Texas is now ready for the winter, the state's Electric Reliability Council, ERCOT, reported to the Public Utilities Commission.

Per a report by the Houston Chronicle, ERCOT has inspected all power generation and transmission facilities in the state, and all but three power plants passed the test, which makes 321 out of 324.

The inspections come after last year's sweeping cold wave—dubbed the Texas Freeze—caused power plant outages that left millions without electricity, in some cases for several days. The Freeze also caused the biggest oil production decline in U.S. history as well, temporarily taking 40 percent of national production offline.

Natural gas production also collapsed, by 45 percent, primarily due to freeze-offs, as the infrastructure in Texas is more susceptible to extreme cold snaps, unlike the relatively winterized natural gas production infrastructure in the northern parts of the United States.

The combination of a spike in consumption for heating purposes and the drop in supply because of outages contributed to what became a perfect storm for the nation's biggest oil and wind power producers.

The crisis prompted a string of winterization efforts by ERCOT, which bore the brunt of criticism about how Texas handled the unusual cold snap. Among the effects of the Freeze was the fact that some 51.173 GW of Texas' 82.513 GW power generation capacity was taken offline along with oil and gas wells.

"The Texas electric grid is more prepared for winter operations than ever before," said the interim chief executive of ERCOT, Brad Jones, as quoted by the Houston Chronicle.

"We are confident these 321 inspected facilities either meet or go beyond the new requirements from the commission and we will continue to work with the other 3 facilities to ensure they correct remaining deficiencies," said Woody Rickerson, ERXOT vice president of system planning weatherization, as quoted by the Chronicle.

By Charles Kennedy for Oilprice.com

More Top Reads From Oilprice.com:

Join the discussion | Back to homepage

Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News