ERCOT

The independent market monitor of the Texas power grid has resigned after saying that state grid operators had "artificially" inflated energy prices.

The Texas power grid operator reduced energy flowing along a key transmission line on Wednesday, exacerbating a power grid emergency.

ERCOT went into emergency operations Wednesday night for the first time since 2021. It's still unclear what caused the power grid to get so close to rolling blackouts so quickly.

To reduce strain on the grid, ERCOT will pay big energy users like manufacturers and bitcoin miners to reduce the power they use. That frees up more electrons for others and keeps supply and demand balanced.

Another round of the record hot summer vs. the Texas electric grid has ERCOT again urging energy conservation

The state's grid operator is worried about how much reserve electricity will be available in the event of higher than expected demand or a loss in power supply. An imbalance in supply and demand can damage the grid and lead to blackouts.

We have all seen the national coverage of power outages across the US as a result of Winter Storm Uri, especially how it affected families across Texas.…

Update at 5:11 p.m.: ERCOT says operations have returned to normal, but it is still encouraging conservation. Our original post follows: For the second...