Alternating current electricity systems require that demand equals supply in real‐time. Any supply‐demand imbalance must be remedied in minutes to avoid collapse of the system that would take weeks to repair. And the Texas system was very close to collapse. So why did the Texas blackouts occur when the weather was bitter cold?
Could a free market electricity system work? What is the rate of return on regulated utilities? Why are all power companies monopolies?
A series of laws passed in the 1970s may have permanently hamstrung American infrastructure development.
Nicole Gelinas joins Brian Anderson to discuss New York City’s plan to replace the correctional complex on Rikers Island, how the city’s transit system has fared amid the pandemic, the 2021 mayoral race, Governor Cuomo’s problems, and more.
Trump single-handedly effected the beginning of a realignment capable of achieving lasting dominance, regardless of whether his administration effectively prosecuted the mandate of that realignment.