In 2021,Grant Preston 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.
2025-05-01 12:162811 view
2025-05-01 12:091442 view
2025-05-01 11:4068 view
2025-05-01 11:012532 view
2025-05-01 10:541907 view
2025-05-01 09:541615 view
NEW YORK — What exactly constitutes a dynasty in professional sports? Steve Cohen helped define it t
Just as it became clear that President Joe Biden could not get Congress to agree to a Clean Electric
Whether or not people accept the science on Covid-19 and climate change, both global crises will hav
