University of Colorado: Texas Power Crisis Revealed Flaws in Energy Market Design
February 15, 2022
February 15, 2022
DENVER, Colorado, Feb. 15 (TNSJou) -- The University of Colorado issued the following news release:
When Winter Storm Uri arrived in Texas last February, a series of miscalculations, missteps, and regulatory barriers led to deadly power outages. The Electric Reliability Council of Texas (ERCOT) experienced generation shortfalls on an unprecedented scale. Rolling blackouts and extended outages created an infrastructure failure that led to more than 200 deaths. While Texas reformed so . . .
When Winter Storm Uri arrived in Texas last February, a series of miscalculations, missteps, and regulatory barriers led to deadly power outages. The Electric Reliability Council of Texas (ERCOT) experienced generation shortfalls on an unprecedented scale. Rolling blackouts and extended outages created an infrastructure failure that led to more than 200 deaths. While Texas reformed so . . .