energy

Organizing history by tags.

What electricity prices can (and cannot) do in the real world of energy markets

The “what” is pretty clear. The “why” will take a little longer. The “what,” of course is that last month Texas’ electric power grid failed...

An energy catastrophe forces the question – just how reliable a power system do Texans really want?

The sure-to-be-lengthy post-mortem of Texas’ February energy catastrophe needs to turn on deeper questions, all more fundamental than a mere ideology-framed debate on regulation...

Texas’ devotion to a ‘free’ market, a wobbly polar vortex, and 4.5 million shivering in the dark

Editor’s note: A version of this essay originally appeared as a collaboration between two institutions at the University of Texas at Austin, the Institute...

Texas Iced: The culprit of Texas’ power misery is energy price policy — not wind, not gas, not nuclear power

When all is said and done, the one big takeaway from Texas’ week of freezing agony amid a power blackout is that recovery will...