How the Texas Power Catastrophe Could've Been Avoided

How the Texas Power Catastrophe Could've Been Avoided
(Ben Garver/The Berkshire Eagle via AP)

After experiencing its fair share of summer humidity, dry heat, hurricanes and tornadoes, you’d think one of the largest and most populous states, Texas, would be well-equipped to mitigate potential power outages due to inclement weather. But as millions of residents lost power during winter storm Uri, many are wondering: How did we get here and what went wrong? 

It started more than twenty years ago, when an alliance of energy traders and large purchasers of electricity banded together in an attempt to promote electricity deregulation across the nation. As a former state official and utility regulator, I was there with a front-row seat.

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