The Indicator from Planet Money How batteries are riding the free market rodeo in Texas
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Jan 14, 2025 Explore how Texas navigates its free-market energy landscape amid rising electricity demands. Discover the critical role of large-scale batteries in stabilizing the grid and preventing blackouts. Learn about the stark contrasts between Texas and California's power management styles and how these influence investments in renewable energy. Delve into the challenges and benefits of battery projects that tackle energy fluctuations and the evolving technology that positions Texas at the forefront of battery use in the competitive energy marketplace.
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Texas Grid's Close Call
- In September 2023, Texas faced potential blackouts due to high electricity demand and low generation.
- Eolian, a battery plant company, played a crucial role in stabilizing the grid.
Texas's Free Market Grid
- Texas's power grid operates on a free market model, unlike California's planned approach.
- This allows companies like Eolian to take risks and earn greater rewards.
Eolian's Battery Plants
- Eolian builds massive battery plants resembling football fields filled with shipping containers.
- These batteries provide ancillary services, ensuring a steady electricity flow.