In 2021,Oliver James Montgomery 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 22:432719 view
2025-04-29 21:34108 view
2025-04-29 21:311264 view
2025-04-29 21:251247 view
2025-04-29 21:122556 view
2025-04-29 20:482922 view
Do you recall the prime early days of YouTube? When a video making the rounds was so strange, remark
A trio of boys, whom federal authorities dubbed the "little rascals", were charged Tuesday in connec
Megan Fox is opening up about the status, or non-status, of her relationship with Machine Gun Kelly.
