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much of the blame for the prolonged power outages has been placed on ercot which operates texas electric grid but today top officials from the agency said the decision to reduce supply prevented a catastrophic collapse of the entire system dylan collier with more on that mounting criticism dylan and steve once we cut through the industry jargon we were able to confirm that urcotamp;#39;s president and ceo bill magnus does not know when the stateamp;#39;s power situation will return to normal he defended irconamp;#39;s decision early monday to begin shedding power claiming if they had not texas could have slipped into an indefinite blackout with the stateamp;#39;s power problems surging toward a fourth day ercot head bill magnus was reluctant to speak about his immediate future with the agency the assessment of how we did i think is something that can be done after we get the power back on magnus seated next to an ercot senior director during a midday call defended the agencyamp;#3