Analysis: Fines likely if ERCOT retirements result in blackouts

Platts

The North American Electric Reliability Corp levied $278,000 in penalties on Texas entities following the rolling blackouts imposed during the extreme cold snap of February 2011, but the consequences would likely be much heavier if another rolling blackout results from planned retirements.
In early February 2011, extreme cold caused 210 generators in the …

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