Current：Home > InvestTexas' new power grid problem -Momentum Wealth Path
Texas' new power grid problem
View
Date：2025-04-15 16:49:29
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！ (6)
Related
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- When does a presumptive nominee become a nominee? Here’s how Donald Trump will make it official
- Macy’s ends takeover talks with Arkhouse and Brigade citing lack of certainty over financing
- Sports betting roundup: Pete Alonso has best odds to win MLB’s Home Run Derby on BetMGM Sportsbook
- New data highlights 'achievement gap' for students in the US
- On Mac and Cheese Day, a look at how Kraft’s blue box became a pantry staple
- Messi’s Copa America injury adds doubt for rest of 2024, 2026 World Cup
- Three hikers die in Utah parks as temperatures hit triple digits
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Nordstrom Anniversary Sale 2024 Deals That Are Sure To Sell Out: Shop Le Creuset, UGG, Longchamp & More
Ranking
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Morgan Wallen announces homecoming Knoxville concert. Here's how to get tickets
- Fans without tickets enter stadium before Copa America final; people receive treatment
- Katy Perry Calls New Woman's World Song Satire After Facing Criticism
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- How Fox News and CNN covered 'catastrophic' Trump rally shooting
- Rebuilding coastal communities after hurricanes is complex, and can change the character of a place
- 2024 MLB draft tracker day 2: Every pick from rounds 3-10
Recommendation
At site of suspected mass killings, Syrians recall horrors, hope for answers
Magnitude 3.4 earthquake recorded outside of Chicago Monday morning
Katy Perry Calls New Woman's World Song Satire After Facing Criticism
The Smile cancels European concert tour after Jonny Greenwood hospitalized for infection
Meta releases AI model to enhance Metaverse experience
Powerball winning numbers for July 13 drawing: Jackpot rises to $64 million
Judge removed from long-running gang and racketeering case against rapper Young Thug and others
Cape Cod’s fishhook topography makes it a global hotspot for mass strandings by dolphins