The seven major organized electricity markets scattered across the U.S. account for roughly two-thirds of all power generated in the country. Most of these markets are made up of Independent System Operators (ISOs) and Regional Transmission Organizations (RTOs) that were created more than twenty years ago. The primary mission of the markets is to neutrally […]

It will be some time before we know every detail that aligned to cause the tremendous number of sustained power outages in Texas, or the spiking power prices across all markets in the central states. Some things we do know. Some natural gas supply was frozen in. Some wind turbines froze up, and ice damaged some […]

Late last week, to manage a potential large-scale power outage driven by triple-digit temperatures, the California Independent Service Operator (CAISO) called on utilities to implement rolling outages across the California grid. The shutdown of three natural gas power plants and a significant decline in available wind power were cited as the primary reasons behind the […]