Texas weathers rolling blackouts as mercury drops


HOUSTON (Reuters) - Texas imposed statewide rolling blackouts for only the second time in over two decades on Wednesday after frigid weather shut down dozens of generators, and warned that it may be forced to do the same on Thursday.

The grid operator declared an energy emergency after unusually frigid weather shut down 7,000 megawatts of power generators, about 8 percent of the installed capacity in the second-most populous state. Spot power prices surged 60-fold at one point, and Mexico exported electricity.

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