"We've seen (the power grid) go down before, you know, for heat as well as for cold, and it's warmer now," one Austin-area resident told FOX Business this week. CRYPTO MINING COULD FIX TEXAS POWER PROBLEMS IN ‘NANOSECONDS’: BLOCKCHAIN EXECAdding to concerns of another shutdown, the Electric Reliability Council of Texas (ERCOT) – which manages the majority of the state's power grid – asked Texas residents last month to conserve power amid "record demand" after six power plants were tripped offline. Greg Abbott signed two bills into law last June aimed at strengthening the state's power grid. GET FOX BUSINESS ON THE GO BY CLICKING HERE"Am I concerned about blackouts this week? FOX Business' Connell McShane and FOX News' Brie Stimson contributed to this report.

Source: Fox News June 09, 2022 13:20 UTC