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service, causing a strong imbalance between   the production failures that occurred due to the cold
            withdrawals from and feed into the grid. In essence, the   wave, avoiding or mitigating rolling blackouts. On top of
            infrastructure was caught unprepared when cold and   this, Texas does not impose obligations on producers
            snow began to bite. The Electric Reliability Council of   to maintain adequate reserve margins capable of
            Texas (ERCOT), the system operator that manages the   guaranteeing the supply of electricity and contributing
            state’s power grid, was therefore forced to stop supply   to the stability of the grid in all circumstances. Faced
            in rotation to try to stabilize the system and avoid an   with the cold emergency, the state found itself without
            uncontrolled blackout. Many users were left without   weapons.
            power  (and  electric  heating)  for  days,  sometimes  for
            more than a week, during a wave of extreme cold. The   “The maelstrom in Texas of last
            prolonged power outages caused suffering, death and   February and its consequences is
            destruction. Businesses were unable to function,   just the latest and more prominent
            leading to lost production and ripple effects to suppliers   demonstration that climate change
            and other parts of the U.S. economy. Meanwhile, in   causes extreme weather events with
            many buildings across Texas, pipes froze, then thawed   a frequency and an intensity never
            and spewed water, creating additional costly damage.   experienced in the past, putting the
            The imbalance on the free spot market between energy   energy infrastructure to the test
            demand and supply sent energy prices through the
            roof, from about 50 USD/MWh before the storm to the   What happened in Texas is just the latest and more
            regulated cap of 9.000 USD/MWh for about a week; as   prominent demonstration that climate change causes
            a result, those end-users who were not disconnected   extreme weather events with a frequency and an
            and  whose  contracts  exposed  them  to  spot  prices,   intensity never experienced in the past, putting the
            accrued bills 100 to 200 times higher than usual, whilst   energy infrastructure to the test. Heat waves and
            for those with fixed prices contracts, the onus fell on   wildfires in California and Western Australia, stormy
            the power companies, some of which ended up facing   winds in northern Italy, and an unprecedented ice storm
            bankruptcy, with additional ripple effects.  in Slovenia are some other recent egregious examples
                                                     (Figure 1)
            The maelstrom was exacerbated by the fact that Texas
            has its own electricity grid, which it consciously chose   Science has largely established the direct link between
            to separate from other states both in the east and west   the increasing concentration of greenhouse gases in
            of the US to prevent it from coming under the   the atmosphere and the progressive modification of the
            jurisdiction of federal institutions. This means that,   planet’s climate balance, which leads to significant
            differently from the rest of the US, but also from Europe,   temperature rises, prolonged periods of drought and an
            network isolation does not allow access to nearby state   increase in frequency and severity of extreme weather
            support for system balancing when momentary failures   events. Greenhouse gas emissions represent the major
            or  overloads  take place. If  the  same  situation  had   impact of human activity on the environment.
            occurred elsewhere, interconnections could have at   In a global effort to fight climate change, many countries
            least partially compensated for the peak in demand and   have therefore committed to decarbonization targets.


























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