Tue, 23 February 2021
For more than a week now, Texas has been struggling with a massive power outage caused by record low temperatures. Millions have been without power, heat and running water, and at least dozens have been confirmed to have died as a result. All states are confronting extreme weather, but Texas is unique in that its electricity is almost completely independent from the rest of the United States' grid. This has at times lowered costs and increased innovation in the Texas energy markets, but as the current crisis shows, Texas's energy exceptionalism comes at a cost. Alexandra Klass is the Distinguished McKnight University Professor at the University of Minnesota Law School and a nationally recognized expert on energy law and policy who recently wrote about the Texas energy crisis for Lawfare. Alan Rozenshtein spoke with her about the current situation and the future of energy policy, both for Texas and for the United States.