Texas Grid Manager ERCOT Calls Off Power Emergency as Winter Weather Eases

About This Source - Bloomberg QuickTake: Now

Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.

It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

Recent from Bloomberg QuickTake: Now:

  • The Debate Over Mask Mandates Is Back as Delta Takes Hold in U.S.
  • St. Louis Reinstates Indoor Mask Mandate As Missouri Covid Cases Rise
  • This Baker’s Mid-Pandemic Pivot to E-Commerce Sent Sales Soaring
  • Bloomberg Quicktake: Now published this video item, entitled “Texas Grid Manager ERCOT Calls Off Power Emergency as Winter Weather Eases” – below is their description.

    Grid manager Ercot said in a news briefing that it has left the emergency operations stage and has returned to normal. That means Ercot is no longer asking for “out-of-market” responses such as telling utilities to reduce their power load, and generators are able to produce enough power for current demand.

    Transmission providers are still working to return power to all their customers and to restore storm damage, said Ercot chief executive officer Bill Magness.

    Bloomberg Quicktake: Now YouTube Channel

    Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.

    Leave a Comment