Related papers: How Much Demand Flexibility Could Have Spared Texa…
In February 2021, an unprecedented winter storm swept across the U.S., severely affecting the Texas power grid, leading to more than 4.5 million customers' electricity service interruption. This paper assesses the load shedding experienced…
Unprecedented winter storms that hit across Texas in February 2021 have caused at least 69 deaths and 4.5 million customer interruptions due to the wide-ranging generation capacity outage and record-breaking electricity demand. While much…
The Texan electric network in the Gulf Coast of the United States is frequently hit by Tropical Cyclones (TC) causing widespread power outages, a risk that is expected to substantially increase under global warming. Here, we introduce a new…
We deliver the first analysis of the 2021 cold spell in Texas which combines temperature dependent load estimates with temperature dependent estimates of power plant outages to understand the frequency of loss of load events, using a 71…
In 21st century America, to many observers, the idea that 10's of millions of Americans could lose power and heat for multiple days in the middle of a record cold snap, was unthinkable. It came as an even greater surprise that it would be…
It is estimated that over one-fourth of US households experienced a power outage in 2023, costing on average US $\$150$ Bn annually, with $87\%$ of outages caused by natural hazards. Indeed, numerous studies have examined the macroeconomic…
Growth of intermittent renewable energy and climate change make it increasingly difficult to manage electricity demand variability. Centralized storage can help but is costly. An alternative is to shift demand. Cooling and heating demands…
The 2021 Texas power crisis has highlighted the vulnerability of the power system under wind extremes, particularly with the increasing penetration of energy resources that depend on weather conditions (e.g., wind energy). The current wind…
Aggregated community-scale data could be harnessed to allow insights into the disparate impacts of managed power outages, burst pipes, and food inaccessibility during extreme weather events. During Winter Storm Uri in February 2021, Texas…
Extreme temperature outages can lead to not just economic losses but also various non-energy impacts (NEI) due to significant degradation of indoor operating conditions caused by service disruptions. However, existing resilience assessment…
Threats against power grids continue to increase, as extreme weather conditions and natural disasters (extreme events) become more frequent. Hence, there is a need for the simulation and modeling of power grids to reflect realistic…
Sustainable energy systems require flexible elements to balance the variability of renewable energy sources. Demand response aims to adapt the demand to the variable generation, in particular by shifting the load in time. In this article,…
This paper considers the reliability problem in energy-only markets. Following widespread blackouts in 2011, Texas introduced a reliability price incentive to attract two GW of net additional natural gas-generating capacity. The incentive…
This study develops a novel predictive framework for power grid vulnerability based on the statistical signatures of Self-Organized Criticality (SOC). By analyzing the evolution of the power law critical exponents in outage size…
The reliability of energy systems is strongly influenced by the prevailing climate conditions. With the increasing prevalence of renewable energy sources, the interdependence between energy and climate systems has become even stronger. This…
In this study, we evaluate the effects of natural disasters on the stock (market) values of firms located in the affected counties. We are able to measure the change in stock prices of the firms affected by the 2021 Texas winter storm. To…
This analysis quantitatively compares the evolution in summer and winter peak demands in the Electric Reliability Council of Texas (ERCOT) service area from 1997 through 2021. Weather data for the days in which peak demand occurred were…
In recent decades, the weather around the world has become more irregular and extreme, often causing large-scale extended power outages. Resilience -- the capability of withstanding, adapting to, and recovering from a large-scale disruption…
Systems for the generation and distribution of electrical power represents critical infrastructure and, when extreme weather events disrupt such systems, this imposes substantial costs on consumers. These costs can be conceptualized as…
In the electric system, extreme weather events can cause trips or physical damage to transmission lines, leading to large-scale load shedding. To mitigate power shedding, we propose a framework that pre-positions the commitment of…