Here is a nice Twitter thread that succinctly explains the Texas grid's problems from a viewpoint that is not that of an economist with Libertarian axes to grin

Here is a nice Twitter thread that succinctly explains the Texas grid's problems from a viewpoint that is not that of an economist with Libertarian axes to grind: https://twitter.com/DemSocialists/status/1362473071156879377 https://twitter.com/DemSocialists/status/1362473071156879377 tl,dr: the Texas grid is deregulated so it can avoid following Federal rules about making it able to deal with harsh weather; because of this, it also has very little interconnectivity with the rest of the country, and cannot act like every other state and purchase power from elsewhere when things go awry. So there's part of the "deregulation" that his liberal friends are talking about. If they were following the regulations then Texas would be able to get power from elsewhere. It'd still be newsworthy and a mess, there is a lot of knowledge and preparation for snowstorms that Southern states simply do not have, but it would not be as apocalyptic of a mess.