Texas Blackouts and the Crisis of Deregulation
The recent Texas grid failure impacted millions who had no electricity and heating in sub-zero temperatures for days.
The recent Texas grid failure impacted millions who had no electricity and heating in sub-zero temperatures for days. It caused not just scores of deaths and injuries, but also led to a major economic havoc in the state. In this video, Prabir Purkayastha and Tejal Kanitkar discuss what caused the crisis and what lessons can be learnt from it.
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