The economic damage resulting from the February 2021 storm in Texas is estimated to be in the tens of billions of dollars. Extreme weather events like this that will affect the energy sector are increasing in frequency. To avoid this type of disaster in the future, changes must be made. In “Amend Texas Emergency Electric Rules to Protect Customers,” Principal Carolyn Berry recommends legal and regulatory changes that can be made outside the legislative process to protect customers, limit wealth transfers, and hold both suppliers and customers accountable.
May 17, 2021