Information Scouts
Premium content for paying members

‘Efficient’ Does Not Equal ‘Resilient’

Premium Content
By Art Berman
March 13, 2021

‘Efficient’ Does Not Equal ‘Resilient’

Premium Content
By Art Berman on
March 13, 2021

It’s difficult to deny that competition makes markets economically efficient. But it’s less clear that this works out well for the public when it comes to the dependability and resilience of essential services like electric power, as the Texas freeze recently proved. Almost 8 million Texans lost power and 13 million had no water from February 15 through February 19 because of extreme cold weather. The storm was no surprise yet by early morning on February 15, net generation dropped 15 GW (gigawatt hours) from 68 to 53 GW . By early evening, it had fallen another 9 GW to

Login or Enroll

This content requires a paid subscription to Peak Prosperity.


10 USD / month

NOTE: Comments from the old website are still being migrated, but feel free to add new ones. Please be patient while we complete this process. Thanks!


Only our paying members have access to premium discussions at Peak Prosperity.

Become a premium member today to gain access to comments this one by Mark_BC and 3 others.

I like this quote from Arts "freeze offs" reference "Producers in Appalachia are well prepared for cold weather and have installed glycol units, which help prevent freeze-offs, on most of ...
Select your currency
Credit card, PayPal, and crypto payment options available at checkout.

Exclusive Member-Only Discounts

Peak Insiders receive exclusive discounts on endorsed products and services!

Shopping Cart
Would love your thoughts, please comment.x
Scroll to Top