What is the current state of Texas's energy grid during the cold snap?

Texas's energy grid is currently functioning well during the severe cold snap, with reporter Omar Villafranca confirming that "everything looks like it's running just fine." While neighboring states are preparing warming centers in case of power outages, Texas has not reported significant grid issues. The main concern now is the potential cost of energy consumption during this period. Texas operates on an unregulated energy market that Villafranca describes as "a little bit of the wild west" since it's not federally regulated. This could lead to higher energy bills for residents as demand increases during the extreme cold temperatures.