2021

PREPARED BY The Brattle Group: Johannes Pfeifenberger Kasparas Spokas J. Michael Hagerty John Tsoukalis Grid Strategies: Rob Gramlich Michael Goggin Jay Caspary Jesse Schneider Executive Summary _________ The U.S. is at a critical juncture in transmission...

Main findings Based on observations and modeling, the occurrence of a heatwave with maximum daily temperatures (TXx) as observed in the area 45–52 oN, 119–123 oW, was virtually impossible without human-caused climate change. The observed temperatures were...

Abstract Winter storm Uri brought severe cold to the southern United States in February 2021, causing a cascading failure of interdependent systems in Texas where infrastructure was not adequately prepared for such cold. In particular, the failure of...

Authors: Pat Wood III (PUCT Chairman 1995-2001, FERC Chairman 2001-2005) Robert W. Gee (PUCT Chairman/Commissioner, 1991-1997) Judy Walsh (PUCT Commissioner 1995-2001) Brett Perlman (PUCT Commissioner 1999-2003) Becky Klein (PUCT Commissioner/Chairman...

Stranded Assets: This Time is Different Reinhart and Rogoff subtitled This Time is Different to describe “Eight Centuries of Financial Folly” and the durability of hope over experience. Material changes in relative market economics for long-lived assets...