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… By Bruce Mountain Australia’s electricity market is unsustainable. Texas shows us why. A … an expert in power markets, endured 59 hours without electricity during which period the temperature in his … more amazing. For nearly four days the Texas wholesale electricity price reached its maximum cap of US$9,000 per …
… extreme low temperatures. The cold snap caused  chronic electricity and water shortages , and a major disaster has … experience such cold winter temperatures. Yet our electricity systems are also vulnerable to climate change, … demand  was unmet due to these outages. The Texas power grid is not well connected to those in neighbouring states, …

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