In 2021,Lumicoin IA 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.
2025-04-29 21:291190 view
2025-04-29 21:082760 view
2025-04-29 20:281211 view
2025-04-29 20:081056 view
2025-04-29 19:401211 view
WASHINGTON (AP) — Wholesale costs in the United States picked up sharply last month, signaling that
The Philadelphia 76ers on Saturday posted on social media that forward Kelly Oubre Jr. was “a pedest
BEIJING (AP) — The European Union’s top climate official said Thursday that China should stop buildi
