Transmission towers and power lines lead to a substation after a snow storm on February 16, 2021, in Fort Worth, Texas. (Photo: Bloomberg) Transmission towers and power lines lead to a substation after a snowstorm on February 16, 2021, in Fort Worth, Texas. (Photo: Bloomberg)

(Bloomberg) — Federal regulators warned Texas that its power plants couldn't be counted on to reliably churn out electricity in bitterly cold conditions a decade ago when the last deep freeze plunged 4 million people into the dark.

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