{"id":11500,"date":"2021-03-29T10:00:50","date_gmt":"2021-03-29T08:00:50","guid":{"rendered":"http:\/\/c-seb.de\/en\/in-the-media\/lessons-from-the-2021-texas-electricity-crisis\/"},"modified":"2021-03-29T10:01:59","modified_gmt":"2021-03-29T08:01:59","slug":"lessons-from-the-2021-texas-electricity-crisis","status":"publish","type":"post","link":"https:\/\/c-seb.de\/en\/in-the-media\/lessons-from-the-2021-texas-electricity-crisis\/","title":{"rendered":"Lessons from the 2021 Texas electricity crisis"},"content":{"rendered":"<h3 class=\"h5\" style=\"color: #33475b;\">Utility Dive, 23.03.2021 | Peter Cramton<\/h3> \u201eBehind the consumer&#8217;s easy access to electricity is one of the most sophisticated markets in our modern economy. [\u2026] The Texas crisis shows how critical infrastructures are vulnerable to failure when confronted with events that exceed the levels of stress for which they are designed. [\u2026] Rapid innovation in how electricity is produced and consumed creates challenges and opportunities for resilience. Market designers need to find effective ways of inducing public and business behavior to improve reliability. [\u2026] Continuing the constant improvement of the market rules is the best path forward. [\u2026] We can build a reliable electricity market as we transition from fossil fuels.\u201c","protected":false},"excerpt":{"rendered":"<p>Utility Dive, 23.03.2021 | Peter Cramton \u201eBehind the consumer&#8217;s easy access to electricity is one of the most sophisticated markets \u2026<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"link","meta":{"_acf_changed":false,"footnotes":""},"categories":[41],"tags":[],"class_list":["post-11500","post","type-post","status-publish","format-link","hentry","category-in-the-media","post_format-post-format-link","years-512","person-cramton-peter-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/c-seb.de\/en\/wp-json\/wp\/v2\/posts\/11500","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/c-seb.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/c-seb.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/c-seb.de\/en\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/c-seb.de\/en\/wp-json\/wp\/v2\/comments?post=11500"}],"version-history":[{"count":1,"href":"https:\/\/c-seb.de\/en\/wp-json\/wp\/v2\/posts\/11500\/revisions"}],"predecessor-version":[{"id":11502,"href":"https:\/\/c-seb.de\/en\/wp-json\/wp\/v2\/posts\/11500\/revisions\/11502"}],"wp:attachment":[{"href":"https:\/\/c-seb.de\/en\/wp-json\/wp\/v2\/media?parent=11500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/c-seb.de\/en\/wp-json\/wp\/v2\/categories?post=11500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/c-seb.de\/en\/wp-json\/wp\/v2\/tags?post=11500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}