Money from the federal government is often thought of as “free,” but, nothing could be further from the truth. The prevalence of federal funds has been shown to adversely affect a state’s economy, increase state government spending, and lead to a decline in state tax revenues.
Fool Me Twice: Why the Texas Grid is Still Vulnerable to Winter Storms | Part 3: How Texas Can Solve Its Winter Reliability Problem
Part 3: How Texas Can Solve Its Winter Reliability Problem Five years after Winter Storm Uri, the ERCOT grid is still not ready for the next major winter storm. The first two installments of this series showed that demand has grown more than 20% since 2021 while firm generation capacity has barely budged, and the...