Preliminary Estimates of Economic Costs of the February 2021 Texas Winter Storm
Brief Published on February 25, 2021The recent extreme winter weather is unprecedented in Texas. Records were shattered, and the demands on the power grid were exceptional. When brutal conditions took down about 40% of generation capacity (wind turbines and conventional plants alike), disaster struck. Most people had to deal with power outages (sometimes for days in freezing temperatures) and millions had no water (again for an extended period).
- Tags:
- impact analysis,
- storm,
- Texas,
- Texas Freeze,
- winter
What was the economic impact of the 2021 winter storm?
Radio Spot Broadcast via Texas State Networks on February 10, 2022Dr. Perryman describes how winter storm Uri affected the Texas economy and what we have learned in the last year.
- Tags:
- power grid,
- Texas,
- winter storm