One Year After the Texas Blackout: Lessons for Reliable and Resilient Power Systems
Marie Petitet,
Frank Felder and
Khalid Alhadhrami
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Khalid Alhadhrami: King Abdullah Petroleum Studies and Research Center
Discussion Papers from King Abdullah Petroleum Studies and Research Center
Abstract:
In February 2021, Texas experienced an extreme cold snap causing a dramatic electricity blackout that left millions of households without electricity, resulting in over 200 fatalities and economic damages of approximately $100 billion. The Texas blackout has been used to support a variety of claims regarding renewable energy, electricity markets and climate change. We identify the blackout’s drivers and what has been learned since then. These lessons apply to power systems worldwide, including those of the Gulf Cooperation Council and the broader Middle East and North Africa region.
Keywords: Market reforms; Reliability; Renewable energy (search for similar items in EconPapers)
Pages: 27
Date: 2022-06-14
New Economics Papers: this item is included in nep-ene, nep-env and nep-reg
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https://www.kapsarc.org/research/publications/one- ... lient-power-systems/ First version, 2022
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Persistent link: https://EconPapers.repec.org/RePEc:prc:dpaper:ks--2022-dp09
DOI: 10.30573/KS--2022-DP09
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