TEXAS ENERGY SHORTFALL $2.5 BLN
BLOOMBERG - 2 March 2021 - Texas’s grid operator said it’s short nearly $345 million in payments from retail power providers and others after electricity prices skyrocketed during last month’s energy crisis.
That brings the total shortfall to nearly $2.5 billion, according to a market notice.
The Electric Reliability Council of Texas, known as Ercot, said it covered some of that debt by using $800 million…
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