There was a cap and it was removed mid-storm: https://thetexan.news/texas-utility-regulator-increased-electricity-prices-during-blackouts-to-accurately-reflect

There was a cap and it was removed mid-storm: https://thetexan.news/texas-utility-regulator-increased-electricity-prices-during-blackouts-to-accurately-reflect-market-conditions/ https://thetexan.news/texas-utility-regulator-increased-elec...