We'll see how that holds up, especially since the Texas power grid seemed especially strained in the last little while.
To be fair, however, almost no community is ready for the effects of climate change (despite the reporting). In fact, most people have trouble with statistically rare events, so it doesn't surprise me. It's hard to say whether a government-managed endeavor would have been more prepared if I'm being completely honest.
For example, I'm sure Vermont's winterization needs would look very different than Texas'.
I think Texas will do well with crypto from what I understand.
https://energy.utexas.edu/sites/default/files/UTAustin%20%28...
Texas lost 30,000 MW of thermal power plants due to thermal maintenance and thermal forced outages (Page 18). In the face of unprecedented (but not unpredicted) demand, they had to load shed like crazy to save their grid.
It’s not a complicated story and has literally nothing to do with EPA clean air regulations.
Page 34 gives the breakdown by power plant type.. poorly prepared natural gas pipelines and power plants were essentially entirely responsible for the outage.