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How the Texas electricity system produced low-cost power but left residents out in the cold

  • Written by Theodore J. Kury, Director of Energy Studies, University of Florida
How the Texas electricity system produced low-cost power but left residents out in the coldWaiting in line in freezing rain to fill propane tanks in Houston, Texas, Feb. 17, 2021.AP Photo/David J. Phillip

Americans often take electricity for granted – until the lights go out. The recent cold wave and storm in Texas have placed considerable focus on the Electric Reliability Council of Texas, or ERCOT, the nonprofit corporation that...

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