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The 2021 Texas Winter Storm: Perspectives on the Future Dangers of Climate Change, and ERCOT and Deregulation

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  • Dan Aschenbach
  • Paula Gold-Williams

Abstract

This discussion with the president and CEO of San Antonio CPS Energy, one of the nation’s largest municipal electric and gas utilities, covers the February 2021 Texas winter storm and the failure of ERCOT and the deregulated natural gas and power market during and after the storm. It provides perspectives with regard to utility preparedness for future extreme weather and reviews what investors need to know about climate change impacts on municipal electric utilities in Texas.

Suggested Citation

  • Dan Aschenbach & Paula Gold-Williams, 2021. "The 2021 Texas Winter Storm: Perspectives on the Future Dangers of Climate Change, and ERCOT and Deregulation," Municipal Finance Journal, University of Chicago Press, vol. 42(3), pages 127-138.
    • Handle: RePEc:ucp:munifj:doi:10.1086/mfj4203012727
    DOI: 10.1086/MFJ4203012727
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