(Bloomberg) — Texas came uncomfortably close to another round of rolling blackouts Tuesday night because grid operators misjudged the weather.
The Electric Reliability Council of Texas, which manages most of the state’s grid, had counted on a mild cold front sweeping the state, lowering demand for power. It didn’t happen. As a result, demand on the grid was about 3,000 megawatts higher than anticipated — or the equivalent of 600,000 homes.
The forecasting error, coming as 25% of power…
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