Diving into the Texas Grid Collapse

Texas energy regulators and operators are investigating the
causes of a massive power outage that hit the state in February
during an extreme weather event. In this episode of Grid Talk,
host Marty Rosenberg talks with Ken Medlock who is the Senior
Director for the Center for Energy Studies at Rice University’s
Baker Institute for Public Policy. Mr. Medlock is leading a group
digging through the micro-data to determine exactly what happened
and how cold weather could knock out the system.


“This is an issue of the entire energy ecosystem failing,” said
Medlock. 


He’ll also to talk about whether the outage could have been
prevented based on the knowledge gained after a similar cold snap
knocked out power in 2011.  


“It should have been a warning shot. There was a study done that
looked at what happened and there were suggestions,
recommendations made that winterization was necessary.”


Medlock explains why those recommendations for hardening the
system were not implemented and what needs to happen this time
around. 


In addition to his position at the Baker Institute for Public
Policy, Ken Medlock is also the director of the Masters of Energy
Economics program, holds adjunct professor appointments in the
Department of Economics and the Department of Civil and
Environmental Engineering, and is the chair of the faculty
advisory board at the Energy and Environment Initiative at Rice
University. 


He teaches advanced courses in energy economics and supervises
Ph.D. students in the energy economics field. He has published
numerous scholarly articles in his primary areas of interest:
natural gas markets, energy commodity price relationships,
gasoline markets, transportation, national oil company behavior,
economic development and energy demand, and energy use and the
environment. 


Mr. Medlock received his Ph.D. in economics from Rice University
in May 2000.