Texas operates an independent grid closed off from the rest of the country. On Wednesday, power prices in Dallas and Fort Worth
!!!! hit $8,800 per megawatt-hour (MWh) !!!!!, compared with the more typical average of roughly $26 per MWh. Over time, the state's grid operator, the Electric Reliability Council of Texas (ERCOT), could impose higher costs to consumers to prepare for subsequent, similar events.
https://www.foxbusiness.com/energy/texas-power-consumers-to-pay-the-price-of-winter-storm