A Cold Snap and Record High Power Prices

Texas’ unprecedented cold snap has tested the renewables story

Zorawar
DataDrivenInvestor
Published in
4 min readFeb 16, 2021

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Austin, Texas on February 15, 2021 (Image:AFP)

They don’t make cold like this very often — and for good reason. More than 2 million homes were plunged into darkness as an intensifying cold wave gripped central US. Electricity outages began spreading through a 14-state grid across the Southwest. Electricity prices in Texas hit the maximum…

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