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.
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Bloomberg Quicktake: Now published this video item, entitled “Winter Weather Triggers Power Outages in 13 States Beyond Texas” – below is their description.
Southwest Power Pool, which controls a power grid spanning 14 states from North Dakota to Oklahoma, has declared an energy emergency and is ordering utilities to start rolling blackouts amid an extreme cold blast that has already taken down parts of Texas’s grid.
The power system operator said in a statement that this is the first time it has ever had to order rolling outages and that it had exhausted all other options for protecting the grid. “It’s a last resort,” the agency said. “It’s a step we’re consciously taking to prevent circumstances from getting worse, which could result in uncontrolled outages of even greater magnitude.”Bloomberg Quicktake: Now YouTube Channel