Each winter in Texas will never be the same after the Big Freeze in February 2021.
Looking back at The Great Texas Freeze one year later: ERCOT has a new chief, Pablo Vegas. One of the things that you said in introducing him is his background with computers. How critical is that background going to be?: That is an important part of the ERCOT operations and while it's not something that the public sees on a daily basis, there is a lot of critical computer engineering and software programming that goes on behind the scenes to make the grid and the ERCOT market work.
As opposed to waiting until the last minute like they did in the past. In addition, we've reduced the highest price cap in ERCOT by almost 50% to minimize high prices on customers doing everything we can to protect our customers. We've also implemented more control over maintenance schedules. In the past, ERCOT had no idea when generators would go down for maintenance, and we can have a lot of generators clumped up in just a week or two.
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