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🗓️ 14 January 2025
⏱️ 9 minutes
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| 0:00.0 | NPR. |
| 0:02.0 | This is the indicator from planet money. |
| 0:13.8 | I'm Darren Woods. |
| 0:14.9 | And I'm Whalen Wong. |
| 0:16.2 | On a hot September day in 2023, the operators of Texas's power grid were getting nervous. |
| 0:23.7 | The warmth from an unusually hot summer was pushing later into the year. |
| 0:27.6 | That meant more air conditioners, more fans, and more staying inside. |
| 0:32.1 | But keeping up with that thirst for electricity was a scramble. |
| 0:35.8 | The sun was setting earlier as the summer gave way to fall, |
| 0:39.2 | and that meant less solar power in the evening. That day, the wind was forecast to be low, |
| 0:44.7 | so not much wind power just when people got home and turned on their ACs and TVs and ovens. Also, |
| 0:52.3 | a few power plants are out of commission. |
| 0:54.7 | Watching all of this was Stephanie Smith. She's the chief operating officer of Eulian, which is a |
| 1:00.0 | company that, among other things, builds battery plants in Texas. |
| 1:03.8 | It was just one of those perfect storms of events where a few went offline at the same time, |
| 1:09.1 | the DFW area. For Texans, the deadly winter blackouts from a couple years earlier were front of mind. |
| 1:15.9 | And the question that evening in September was, could Texas's grid batteries save the day this time? |
| 1:27.4 | So today in the second show from our grid battery trilogy, we're going to Texas. |
| 1:32.3 | Yesterday we looked at how the state of California was boosting batteries to encourage more wind and solar. |
| 1:38.3 | And today we go to an entirely different electricity market that is much less California control and much more |
| 1:46.0 | free market rodeo. |
| 1:52.5 | This message comes from Wise, the app for doing things in other currencies. |
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