Texas Names Power Providers Short on Energy Payments (Correct)

Texas’s power grid operator for the first time named some of the electricity providers that are short on payments after last month’s energy crisis.

Six retail providers and one power trader owe the Electric Reliability Council of Texas nearly $1 million for energy sold during the Friday and Monday following February’s grid emergency, according to a market notice. That’s still just a fraction of the $2.5 billion shortfall accrued during the height of the crisis, and the grid operator, known as Ercot, hasn’t yet named which companies are responsible for that sum.

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