Current：Home > InvestTexas' new power grid problem -MarketLink
Texas' new power grid problem
Surpassing Quant Think Tank Center View
Date：2025-04-07 22:13:39
In 2021, a huge winter storm hit Texas. It caused a days-long blackout that resulted in hundreds of deaths. The Texas grid operator adopted a new policy to guard against another blackout: it would incentivize plants to keep power in reserve. The problem is: that may have caused major price spikes.
Today, we make sense of the reserve policy, increased electricity prices, and the future of Texas' unique energy market.
Related Episodes:
ESG bans cost Texas (Apple Podcasts/Spotify)
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
veryGood！ (144)
Related
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- AP WAS THERE: OJ Simpson’s slow-speed chase
- ‘I’m dying, you’re not': Those terminally ill ask more states to legalize physician-assisted death
- Where are they now? Key players in the murder trial of O.J. Simpson
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Father is attacked in courtroom brawl after he pleads guilty to murdering his three children
- Maryland 'Power couple' wins $2 million with 2 lucky tickets in the Powerball drawing
- Kansas has some of the nation’s lowest benefits for injured workers. They’ll increase in July
- Louvre will undergo expansion and restoration project, Macron says
- Phoenix officer fired over 2022 fatal shooting of a rock-throwing suspect
Ranking
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Kourtney Kardashian Reveals Why She Pounded Her Breast Milk
- On eve of Japanese prime minister’s visit to North Carolina, Fujifilm announces more jobs there
- Surprise! CBS renews 'S.W.A.T.' for Season 8 a month before final episode was set to air
- Meta releases AI model to enhance Metaverse experience
- Taylor Swift's music is back on TikTok a week before the release of 'Tortured Poets'
- Water pouring out of 60-foot crack in Utah dam as city of Panguitch prepares to evacuate
- TikTok’s Conjoined Twins Carmen and Lupita Slam “Disingenuous” Comments About Their Lives
Recommendation
Louvre will undergo expansion and restoration project, Macron says
Masters tee times for second round at Augusta National as cut line looms
11-year-old Georgia girl dies saving her dog from house fire; services set
Former Arizona Gov. Doug Ducey says the abortion ruling from justices he chose goes too far
The White House is cracking down on overdraft fees
‘I’m dying, you’re not': Those terminally ill ask more states to legalize physician-assisted death
-
‘I’m dying, you’re not': Those terminally ill ask more states to legalize physician-assisted death
O.J. Simpson dies of prostate cancer at 76, his family announces