Someone in the middle (ercot) could also go bankrupt (strategically or not). It'll be interesting to see if TX makes any major structural fixes or just slaps a

Someone in the middle (ercot) could also go bankrupt (strategically or not). It'll be interesting to see if TX makes any major structural fixes or just slaps a band-aid on it (e.g., legislate some max rate or maybe special rules under disaster conditions). It is a mess indeed; entirely anticipated and seen ahead of time.