The Texas electricity crisis and the energy transition

Payne Institute Fellow Alex Gilbert and Director Morgan Bazilian write an opinion piece about the severe winter weather in Texas that caused the worst energy shortages in the United States since the 2003 blackout in the Northeast and Midwest. Millions of people suffered power outages, which frequently extended beyond 24 hours in areas with freezing temperatures.  Although the political and national debate is turning into a proxy debate on energy resources, the most immediate concern is that the current failure threatens public health and safety.  February 19, 2021.