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…
Anecdote: All 7 developers in my Houston team (semi-geographically scattered in the city) lost power; half for >24 hrs (it's 10-25 degrees F here for the last 2-3 days). Most lost water for some stretch of time and some still don't have it. I don't think any completely lost heat (most have gas) but at least one person found their gas fireplace they were hoping would heat them up when out of power didn't really work t…
tl;dr - a typical residential fireplace isn't an alternative to a furnace.