Electricity prices spike more than 10,000% on the Texas power grid
A rare deep freeze in Texas that raised demand for power forced the U.S. state’s electric grid operator on Monday to impose rotating blackouts that left nearly three million customers without electricity.
The cold snap sweeping Texas reached the northern part of neighbouring Mexico as well, where authorities said 4.7 million users lost power early on Monday. Around midday, service had been restored to almost 2.6 million of them.
The PowerOutage.us website, which tracks power outages, said 2,820,764 Texas customers were experiencing outages around 2 p.m. CT
U.S. President Joe Biden approved the state’s emergency declaration, unlocking federal assistance to tackle the rare deep freeze, where temperatures ranged from – 2 to -22 C.
Apart from Texas, much of the United States from the Pacific Northwest through the Great Plains and into the mid-Atlantic states has been in the grip of bone-chilling weather over the weekend, featuring snow, sleet and freezing rain.
“The Texas power grid has not been compromised. The ability of some companies that generate the power has been frozen,” Texas Gov. Greg Abbott wrote on Twitter on Monday. “They are working to get generation back on line.”