Climate and Credit Risks Collide in the Aftermath of Uri
March 15, 2021 at 08:55 AM EDT
By Bob Smith, Sage President & CIO According to a recent letter written to the Texas Public Utility Commission (PUC) by Potomac Economics, the Electric Reliability Council of Texas (ERCOT) made a $16 billion error in pricing during the week of Winter Storm Uri. This reportedly occurred because...