The Dallas Fed confirms climate-proofing the electrical grid is well worth the cost

The Dallas Fed confirms climate-proofing the electrical grid is well worth the cost
Tim McDonnell
·2 min read

Texans are still paying for the blackouts caused by a winter storm in February that knocked out power for millions. Last week, electricity prices in the state spiked again as a cold front passed through while half of the state’s power plants remain offline for maintenance. Throughout the crisis, energy economists have been clear: Upgrading the grid for extreme weather is technically easy.