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Ideas from the Yale School of Management

Ed Hirs ’81

  • Why the Texas Power Market Failed

    Ed Hirs ’81
    March 23, 2021

    Texas-based energy economist Ed Hirs ’81 says the February 2021 power crisis exposed longstanding, fatal flaws in the state’s energy market design and oversight.

    Workers repair a power line in Austin, Texas, on February 18, 2021. Photo: Thomas Ryan Allison/Bloomberg via Getty Images.
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