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Abstract

In February 2021, Texas experienced an extreme cold snap causing a dramatic electricity blackout that left millions of households without electricity, resulting in over 200 fatalities and economic damages of approximately $100 billion. The Texas blackout has been used to support a variety of claims regarding renewable energy, electricity markets and climate change. We identify the blackout’s drivers and what has been learned since then. These lessons apply to power systems worldwide, including those of the Gulf Cooperation Council and the broader Middle East and North Africa region.

Authors

Marie Petitet

Senior Research Associate Marie is a senior research associate in the Energy Transitions and Electric Power program at KAPSARC. Her current research focuses… Marie is a senior research associate in the Energy Transitions and Electric Power program at KAPSARC. Her current research focuses include power system modeling and market designs for energy transitions. Prior to joining KAPSARC, Marie worked as a research engineer within the Research and Development (R&D) unit of the utility group EDF in Paris, France. During her EDF journey, she worked on long-term and short-term electricity market design, transmission grids at the European scale, and smart-charging opportunities for electric vehicles. Marie also worked as a researcher within the market department of the French Transmission System Operator RTE. Marie holds a Ph.D. in Economics from Dauphine University, PSL (France), an M.Sc. in environmental and energy economics from École des Ponts ParisTech (France), and an M.Sc. in engineering from ENSTA Institut Polytechnique de Paris (France).

Expertise

  • Electricity Markets
  • Energy Transition
  • Energy and Climate Policy

Publications See all Marie Petitet’s publications

Frank Felder

Program Director Frank is an engineer, energy policy analyst, and Program Director for Energy Transitions and Electric Power. Prior to joining KAPSARC,… Frank is an engineer, energy policy analyst, and Program Director for Energy Transitions and Electric Power. Prior to joining KAPSARC, Frank was a Research Professor at the School of Planning and Public Policy at Rutgers University, Director of the Rutgers Energy Institute, and Director of the Center for Energy, Economics and Environmental Policy. In those roles, he conducted original and applied research in the areas of electric power system modeling, clean energy policies, and climate change for academic foundations, government agencies, and energy utilities. He has also worked as an economic consultant and nuclear engineer.

Expertise

  • Energy Policy
  • Electricity Restructuring and Energy Modeling

Publications See all Frank Felder’s publications

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