What went wrong is that the Texas legislature which owns Texas-specific grid process to avoid interference from the Feds didn't figure out how to also ensure Texas generator companies got compensated for weatherizing (and ensuring it was done). How many of the 24+6 recommendations from the NERC/FERC review of last time this happened in Texas (hint:2011) were taken up by the legislature or those at ERCOT they delegate…
Yes I agree state's legislatures did not prepare. But maybe that shows why a body of politicians is not prepped for engineering nuances. Maybe they should have adequately applied leverage to the power companies to "push" them to better practices rather than trying to fine and inspect and regulate which is an inherently "pulling" option which the companies will always try to weasel out of. This argument to incentivize…
Their incentive structure rewards short term budget savings at the expense of long term preparedness. The real fix is to have a non-partisan body staffed by actual engineers setting this kind of policy, isn't it?