The Electric Reliability Council of Texas (ERCOT), the nonprofit, independent power grid operator for 90 percent of the nation's second-largest state, has become the convenient fall guy for the epic power failure caused by an extreme weather event.
As bad as the power outages are in Texas, they would be much worse if the independent energy grid operator hadn't initiated rolling blackouts. In an extensive interview with CBS Austin, Bill Magness, the head of ERCOT, explains what went wrong.
Last month the Trump administration directed Energy Secretary Rick Perry to require grid operators to purchase power from aging coal and nuclear power plants, enabling them to keep operating as a matter of "national security." Regulators disagree.