After 4 Years And Billions Of Dollars, The Texas Grid Is Not Fixed

Ed Hirs | Source: Forbes | Posted 12/11/2024

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Texas has spent years tweaking its electric grid, but it’s still not fixed. How do we know this? ERCOT, the Electric Reliability Council of Texas, projects an 80% likelihood of rolling blackouts if a storm the magnitude of Winter Storm Uri hits the state this winter.

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ERCOT, the Electric Reliability Council of Texas, projects an 80% likelihood of rolling blackouts if a severe storm hits this winter, a drastic increase from prior estimates. Since 2002, Texas has moved away from a reliable electricity supply chain to a government-managed grid, resulting in increased costs for consumers and a grid more susceptible to failure.

The state's electricity demand has grown without sufficient supply, leading to a delicate balance that renewables and batteries alone cannot meet. The Texas Legislature is facing tough questions about who they serve and how to prevent future grid failures. ERCOT market design flaws have cost consumers billions of dollars, with issues of accountability and responsibility still unresolved.

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Source Link: https://www.forbes.com/sites/edhirs/2024/12/09/after-4-years-and-billions-of-dollars-the-texas-grid-is-not-fixed/

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After 4 Years And Billions Of Dollars, The Texas Grid Is Not Fixed

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