They're still hashing this out from last year:
The former head of the Texas power grid
testified in court Wednesday that when he ordered power prices to stay at the maximum price cap for days on end during
last year’s frigid winter storm and blackout, running up billions of dollars in bills for power companies, he was following the direction of Governor Greg Abbott. . . .
Last year the governor's spokesman, Mark Miner said the governor was not “involved in any way” in the decision to keep prices at the maximum of $9,000 per megawatt hour – more than 150 times normal prices. He described a decision to send an aide to ERCOT's operations center in the middle of the crisis as based on the feeling the grid operator was spewing “disinformation."
Magness's decision to keep power prices at the maximum cap for more than 24 hours after conditions on the power grid began to improve is now at the center of a bankruptcy trial waged by the Waco-based electric co-op Brazos Electric.
Brazos contends that decision was made recklessly, adding up to a
$1.9 billion power bill from ERCOT that forced them into bankruptcy.
“It did nothing at all to cause more generation to come online,” said Lino Mendiola, one of the attorneys representing Brazos. “It was an attempted remedy that didn’t solve any of the problems caused by the winter storm.”