CEO of Texas power company responds to governor’s call to resign amid blackouts

ERCOT CEO Bill Magness explains how millions in Texas are in the dark due to power grid outages.

[mistyrain]

Bottom line about money, greed at the cost of people's lives 😠

[torreyintahoe]

That's funny, wind turbines work fine in antarctica.

[digitalassetnews]

Despite all the economic crisis, this is still a good time to start up an investment

[Clunker]

a failing system never updated because profits are more important than updated system.

[googlyeyedcat]

Isn't it the Governor's responsibility to see that everything is in place and working properly in case of any emergency?

[BobSmith-uiqu]

Wind turbines are working fine in Canada, Germany, Denmark all cold countries.

[tiberiuskirk]

Florida every hurricane season. People during from generator exhaust and electrocuted from trying wire it in their homes etc. it happens. Invest in your infrastructure instead of in football stadiums

[jamesdill]

How stupid, how stupid, how stupid
I'm a retired electrician. I saw this coming ten years ago. How stupid.

[charletonzimmerman]

Wasn't "ENRON" from TEXAS? The energy "FRAUD" Mega Corp.

[seniorlife_]

He looks comfortable in that warm office without a jacket on.

[jedicouncil]

They kept the lights on for the rich. I will NEVER FORGET

[Wirmish]

The grid works perfectly well in CANADA where the temperature is lower than that 6 months per year.

[gregspicks]

notice that he mentions wind power twice as problem. that is bs.

[captainjones]

So many words so little accountability.

[righteoussurvivor]

Everything is bigger in Texas even the excuses 😂🤣😂🤣

[clovisl]

He is not the only one to blame...local govnt officials, etc

[CerebralEnema]

he's basically saying "dont blame me for not having a backup system or emergency capacity or any of the other things we knew years ago that we would need"

[ernestocruz]

This guy’s nose is getting longer. Liar!

[mariahjohnson]

Sound like a lawsuit, cuz all I’m hearing is blah blah blah!

[mitchellcamp]

In 2011 they were informed that they needed to insulate and update the grid system and instead they chose not to to save money on their systems so it's not like didn't know this was coming