The largest power company in Texas filed for bankruptcy. What caused the bankruptcy?

According to CCTV news, as the largest and oldest electric power cooperation company in Texas, Blazouez Electric Power Cooperation Inc. filed for bankruptcy protection in Houston, Texas on March 1 local time. It is reported that the reason is the $654.38+0.8 billion debt owed by the State Grid operators.

Blazouez Power Cooperative Company is one of dozens of power suppliers in Texas, providing electricity to more than 660,000 users in the state. But last month, it faced a huge cost deficit due to the severe snowstorm. In mid-February, 20021year, the unusually cold weather destroyed nearly half of the power plants in Texas, causing 4.3 million people to lose power and heat for several days, the water pipes burst, and many families and enterprises suffered losses. During this period, Brothers Electric Power Co., Ltd. and other power suppliers were asked to buy alternative power at high prices and pay other related expenses, resulting in high debts.

It is reported that some electricity users in Texas have received surprisingly high bills. The reason for this phenomenon is that the winter storm destroyed the national grid, resulting in soaring electricity prices. Dallas resident Andre? In an interview, Upshaw said that his current electricity bill reached nearly $7,000. He said that the high bills made many neighbors and friends lose their savings and made them unable to pay the rent.

Some experts pointed out that the snowstorm caused a sharp increase in electricity load, and about 60% of Texas residents used electric heaters to keep warm. The extremely cold weather caused the national grid load to rise sharply, reaching 69.22 million kilowatts at around 8: 00 on February 14, US Eastern Time, setting a new high in winter. In the same period, the maximum power generation of Dezhou Power Grid is only about 48 million kilowatts, resulting in a power supply gap of 20 million kilowatts.

Secondly, the bad weather leads to the decline of power supply capacity. More than 70% of the power supply in Texas comes from wind power generation and gas turbines. The snowstorm blocked the natural gas used for power generation, and the wind turbine could not generate electricity because of freezing.

In addition, the overall operation life of Dezhou power grid equipment is long, and it cannot resist sudden natural disasters.