VST - Texas still at risk of blackouts this winter in extreme cold report says

The Texas electric grid remains vulnerable to a shortfall in generating capacity that potentially could trigger power outages similar to those in February, the North American Electric Reliability Corporation says in a risk assessment for this winter involving ERCOT, which operates most of the electric grid in Texas. In normal winter conditions, ERCOT's anticipated reserve margin is comfortable at nearly 42%, but severe cold weather could disrupt pipeline natural gas supplies and power stations, leaving a capacity deficit as high as 37%, NERC says in its report. While grids across the U.S. likely will have adequate supplies under normal weather conditions, New England and the southwest, including California, are particularly vulnerable to natural gas shortfalls, according to the report. For its part, ERCOT says the electric grid "will be able to perform significantly better this coming winter than in the past." Potentially relevant tickers include XLU, NRG, VST, CNP, EXC,

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Texas still at risk of blackouts this winter in extreme cold, report says