Five Years After Winter Storm Uri, a Texas Co-op Shares Its Lessons Learned
Key Takeaway
The Uri crisis forced a Texas co-op to overhaul its risk management and generation strategy, signaling a broader market shift towards resilient and diversified power portfolios that impacts developers and large consumers in ERCOT.
AI Summary
- •Rayburn Electric Cooperative faced unprecedented financial strain during Winter Storm Uri, incurring three years' worth of power costs in just five days.
- •The crisis prompted a fundamental transformation in the co-op's approach to risk management, generation asset procurement, and long-term strategic planning.
- •This shift indicates a heightened focus on resilience and reliability for power consumers and potential new opportunities for developers offering diverse and dispatchable generation solutions within ERCOT.
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Rayburn Electric Cooperative faced three years of power costs in five days during the 2021 storm. The experience transformed the organization’s approach to risk, generation assets, and long-term planning. When Winter Storm Uri swept across Texas in February 2021, Rayburn Electric Cooperative found itself staring down a crisis that would reshape the organization’s entire operational […] The post Five Years After Winter Storm Uri, a Texas Co-op Shares Its Lessons Learned appeared first on POWER Magazine .