Current：Home > InvestTexas' new power grid problem -EverVision Finance
Texas' new power grid problem
View
Date：2025-04-13 20:13:27
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！ (68531)
Related
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Judge dismisses suit against Delaware court officials filed by blind man who was wrongfully evicted
- Barack Obama releases NCAA March Madness 2024 brackets: See the former president's picks
- After sailing around the world, Cole Brauer says she's more grounded than ever
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- New York Mayor Adams says 1993 sexual assault allegation detailed in new lawsuit ‘did not happen’
- Sophie Turner and Joe Jonas Fail to Reach Divorce Settlement
- Chocolate is getting more expensive as the global cocoa supply faces a shortage
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Contraceptives will be available without a prescription in New York following a statewide order
Ranking
- North Carolina justices rule for restaurants in COVID
- What to know about R.J. Davis, North Carolina's senior star and ACC player of the year
- 6 former Mississippi officers to be sentenced over torture of two Black men
- MacKenzie Scott donates $640 million -- more than double her initial plan -- to nonprofit applicants
- Skins Game to make return to Thanksgiving week with a modern look
- Retired Belarusian hockey player Konstantin Koltsov dies in Florida at 42
- How do I restart my stalled career? How to get out of a rut in the workplace. Ask HR
- 6 former Mississippi officers to be sentenced over torture of two Black men
Recommendation
Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
Supreme Court opens new frontier for insurrection claims that could target state and local officials
Tennessee nurse practitioner known as ‘Rock Doc’ gets 20 years for illegally prescribing opioids
The Fed is meeting this week. Here's what experts are saying about the odds of a rate cut.
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Drones and robots could replace some field workers as farming goes high-tech
Powerball winning numbers for March 18, 2024 drawing: Jackpot rises to $687 million
Allegheny County promises more mental health support, less use of force at its jail