Current:Home > NewsTexas' new power grid problem -SovereignWealth
Texas' new power grid problem
View
Date:2025-04-17 21:09:36
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! (7)
Related
- Why members of two of EPA's influential science advisory committees were let go
- Flash Sale Alert: Save 44% on Apple iPad Bundle—Shop Now Before It’s Gone!
- Spike Lee’s 1st trip, Michael Jordan’s welcome to newcomers and more from basketball Hall of Fame
- Aidan Hutchinson injury update: Lions DE suffers broken tibia vs. Cowboys
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- How much is the 2025 Volkswagen ID Buzz EV? A lot more than just any minivan
- Feel Your Best: Body Care Products to Elevate Your Routine
- Will Freddie Freeman play in NLCS Game 2? Latest injury updates on Dodgers first baseman
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Sold! What did Sammy Hagar's custom Ferrari LaFerrari sell for at Arizona auction?
Ranking
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Fantasy football Week 7 drops: 5 players you need to consider cutting
- Biden surveys Milton damage; Florida power will be restored by Tuesday: Updates
- Indigenous Peoples Day celebrated with an eye on the election
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Demi Moore Shares Update on Bruce Willis Amid Battle With Dementia
- Bethany Hamilton Makes Plea to Help Her Nephew, 3, After Drowning Incident
- Opinion: Yom Kippur reminds us life is fleeting. We must honor it with good living.
Recommendation
Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
'Just a pitching clinic': Jack Flaherty gem vs. Mets has Dodgers sitting pretty in NLCS
The Bloody Reason Matthew McConaughey Had to Redo Appearance With Jimmy Fallon
Murder trial of tech consultant in death of Cash App founder Bob Lee begins
North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
Quentin Tarantino's 'Pulp' players: A guide to the actors who make his 'Fiction' iconic
Deion Sanders, Colorado lose more than a game: `That took a lot out of us'
Giants vs. Bengals live updates: Picks, TV info for Week 6 'Sunday Night Football' game