In February 2021, the Lone Star State’s standalone energy grid buckled under the pressure of unprecedented blizzards. The deregulated Electric Reliability Council of Texas (ERCOT) proved unequal to distributing energy under extreme pressure, resulting in widespread blackouts and wholesale electricity prices going from $25 per megawatt-hour (MWh) to $9,000 per MWh. In June 2023, the

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