Current：Home > InvestTexas' new power grid problem-LoTradeCoin
Texas' new power grid problem
View
Date：2025-01-11 09:32:34
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！ (2)
Related
- Michigan soldier’s daughter finally took a long look at his 250 WWII letters
- Not just the Supreme Court: Ethics troubles plague state high courts, too
- Indonesia ends search for victims of eruption at Mount Marapi volcano that killed 23 climbers
- Court largely sides with Louisiana sheriff’s deputies accused in lawsuit of using excessive force
- Elton John Details Strict Diet in His 70s
- Arizona man connected to 2022 Australian terrorist attack indicted on threat counts
- Climate activists pour mud and Nesquik on St. Mark’s Basilica in Venice
- 'Good enough, not perfect': How to manage the emotional labor of being 'Mama Claus'
- It's cozy gaming season! Video game updates you may have missed, including Stardew Valley
- Twitch says it’s withdrawing from the South Korean market over expensive network fees
Ranking
- College football top five gets overhaul as Georgia, Miami both tumble in US LBM Coaches Poll
- Opening month of mobile sports betting goes smoothly in Maine as bettors wager nearly $40 million
- Centenarian survivors of Pearl Harbor attack are returning to honor those who perished 82 years ago
- New GOP-favored Georgia congressional map nears passage as the end looms for redistricting session
- Just Eat Takeaway sells Grubhub for $650 million, just 3 years after buying the app for $7.3 billion
- RHOC's Shannon Beador Breaks Silence on Her Ex John Janssen Dating Alum Alexis Bellino
- Europe’s talks on world-leading AI rules paused after 22 hours and will start again Friday
- Putin continues his blitz round of Mideast diplomacy by hosting the Iranian president
Recommendation
Trump's election has women swearing off sex with men. It's called the 4B movement.
Best Holiday Gifts For Teachers That Will Score an A+
House advances resolution to censure Rep. Jamaal Bowman for falsely pulling fire alarm
Narcissists are everywhere, but you should never tell someone they are one. Here's why.
Barbora Krejcikova calls out 'unprofessional' remarks about her appearance
MLB Winter Meetings: Free agency updates, trade rumors, Shohei Ohtani, Juan Soto news
Powerful earthquake shakes South Pacific nation of Vanuatu; no tsunami threat
A federal grand jury in Puerto Rico indicts three men on environmental crimes