Texas Power Grid Implements Emergency Measures To Avoid Outages, Reasons Unclear - Whirlpool (NYSE:WHR), Carrier Global (NYSE:CARR), Generac Hldgs (NYSE:GNRC)

Texas Power Grid Implements Emergency Measures To Avoid Outages, Reasons Unclear - Whirlpool (NYSE:WHR), Carrier Global (NYSE:CARR), Generac Hldgs (NYSE:GNRC)

Texas declared a power emergency Wednesday evening and relied on emergency operations to avoid blackouts and outages. The Energy Reliability Council of Texas, responsible for managing the state's power grid, announced a "level 2 emergency" due to limited supply. ERCOT called for all available power generation and drew on reserves in order to stay ahead of demand. Within a few hours, the supply had normalized, and the council was able to lift eme…