Preliminary Analysis of the 2·15 Power Outage in Texas, U.S. and Its Enlightenment to the Construction of China's Electricity Market
From February 15 to 19, 2021, a rotating outage due to load-shed occurred in the power grid of Texas in the United States, causing widespread global concern. In this paper, an overview of the power grid and electricity market in Texas was introduced firstly. Then, this paper sorted out the occurrenc...
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Editorial Department of Power Generation Technology
2021-02-01
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| Series: | 发电技术 |
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| Online Access: | https://www.pgtjournal.com/EN/10.12096/j.2096-4528.pgt.21016 |
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| author | Zeyang LIU Zhaoxia JING |
| author_facet | Zeyang LIU Zhaoxia JING |
| author_sort | Zeyang LIU |
| collection | DOAJ |
| description | From February 15 to 19, 2021, a rotating outage due to load-shed occurred in the power grid of Texas in the United States, causing widespread global concern. In this paper, an overview of the power grid and electricity market in Texas was introduced firstly. Then, this paper sorted out the occurrence and development process of the accident with time as the main line, and paid attention to the operation status of the electricity market during the accident period. Moreover, the causes of the three major problems such as imbalance between supply and demand, high electricity price, and financial crisis in the accident were analyzed. Finally, this paper summarized the experience and lessons of power outages, and put forward relevant enlightenments to the construction of China's electricity market. |
| format | Article |
| id | doaj-art-63613f3d5a9646319b66e9c38716df8b |
| institution | Kabale University |
| issn | 2096-4528 |
| language | English |
| publishDate | 2021-02-01 |
| publisher | Editorial Department of Power Generation Technology |
| record_format | Article |
| series | 发电技术 |
| spelling | doaj-art-63613f3d5a9646319b66e9c38716df8b2024-11-09T02:30:34ZengEditorial Department of Power Generation Technology发电技术2096-45282021-02-0142113113910.12096/j.2096-4528.pgt.21016fdjs-42-1-131Preliminary Analysis of the 2·15 Power Outage in Texas, U.S. and Its Enlightenment to the Construction of China's Electricity MarketZeyang LIU0Zhaoxia JING1School of Electric Power Engineering, South China University of Technology, Guangzhou 510640, Guangdong Province, ChinaSchool of Electric Power Engineering, South China University of Technology, Guangzhou 510640, Guangdong Province, ChinaFrom February 15 to 19, 2021, a rotating outage due to load-shed occurred in the power grid of Texas in the United States, causing widespread global concern. In this paper, an overview of the power grid and electricity market in Texas was introduced firstly. Then, this paper sorted out the occurrence and development process of the accident with time as the main line, and paid attention to the operation status of the electricity market during the accident period. Moreover, the causes of the three major problems such as imbalance between supply and demand, high electricity price, and financial crisis in the accident were analyzed. Finally, this paper summarized the experience and lessons of power outages, and put forward relevant enlightenments to the construction of China's electricity market.https://www.pgtjournal.com/EN/10.12096/j.2096-4528.pgt.21016u.s. power outageload-shedelectricity marketscarcity pricing |
| spellingShingle | Zeyang LIU Zhaoxia JING Preliminary Analysis of the 2·15 Power Outage in Texas, U.S. and Its Enlightenment to the Construction of China's Electricity Market 发电技术 u.s. power outage load-shed electricity market scarcity pricing |
| title | Preliminary Analysis of the 2·15 Power Outage in Texas, U.S. and Its Enlightenment to the Construction of China's Electricity Market |
| title_full | Preliminary Analysis of the 2·15 Power Outage in Texas, U.S. and Its Enlightenment to the Construction of China's Electricity Market |
| title_fullStr | Preliminary Analysis of the 2·15 Power Outage in Texas, U.S. and Its Enlightenment to the Construction of China's Electricity Market |
| title_full_unstemmed | Preliminary Analysis of the 2·15 Power Outage in Texas, U.S. and Its Enlightenment to the Construction of China's Electricity Market |
| title_short | Preliminary Analysis of the 2·15 Power Outage in Texas, U.S. and Its Enlightenment to the Construction of China's Electricity Market |
| title_sort | preliminary analysis of the 2·15 power outage in texas u s and its enlightenment to the construction of china s electricity market |
| topic | u.s. power outage load-shed electricity market scarcity pricing |
| url | https://www.pgtjournal.com/EN/10.12096/j.2096-4528.pgt.21016 |
| work_keys_str_mv | AT zeyangliu preliminaryanalysisofthe215poweroutageintexasusanditsenlightenmenttotheconstructionofchinaselectricitymarket AT zhaoxiajing preliminaryanalysisofthe215poweroutageintexasusanditsenlightenmenttotheconstructionofchinaselectricitymarket |