One could be cost. See if you replace a bunch of peak demand with alternatives there is less of an appetite for fossil fuels, meaning less investment in infrastructure, bigger supply constraints during unplanned events. Natural gas plants maybe exposed to spot gas prices during this time. Check out this article: https://www.dallasnews.com/business/energy/2021/02/16/electricity-retailer-griddys-unusual-plea-to-texas-customers-leave-now-before-you-get-a-big-bill/ If you agree to supply electricity (annual contracts) to households at a fixed price and the cost to produce goes up 100x, are you going to crank the turbines to max? It is probably going to bankrupt some producers.

One could be cost. See if you replace a bunch of peek demand with alternatives there is less of an appetite for fossil fuels, meaning less investment in infrastructure, bigger supply constraints during unplanned events. Natural gas plants maybe exposed to spot gas prices during this time. Check out this article:

https://www.dallasnews.com/business/energy/2021/02/16/electricity-retailer-griddys-unusual-plea-to-texas-customers-leave-now-before-you-get-a-big-bill/

If you agree to supply electricity (annual contracts) to households at a fixed price and the cost to produce goes up 100x, are you going to crank the turbines to max? It is probably going to bankrupt some producers.