The states deregulated power market is also fiercely competitive. ERCOT oversees the grid, while power generators produce electricity for the wholesale market. Some 300 retail electricity providers buy that fuel and then compete for consumers. Becaus...
The short answer is that the Electric Reliability Council of Texas (ERCOT), which operates the grid, did not properly forecast the demand for energy as a result of the storm. Some say that this was nearly impossible to predict, but there were warning...
United States 美国版块 A perfect storm 屋漏偏逢连夜雨 Light a candle for the kids 为孩子们点一支蜡烛 The freeze in Texas exposes Americas infrastructural failings 得州的冻结暴露了美国基础设施的缺陷 When it rains,...
An American judge ruled that a group of creditors that mistakenly received $500m from Citigroup did not have to repay the money to the bank. The creditors are in dispute with Revlon, a cosmetics company and a client of Citis. The bank sent $900m to c...
The world this week 本周国际要闻 Business 商业板块 In an unexpected move, Facebook blocked news content on its sites in Australia, and also stopped people outside the country from viewing Australian news publications on its platforms. The s...
The Biden administration said that asylum-seekers could cross Americas southern border to have their applications heard. Donald Trump had insisted they wait in Mexico. 拜登政府表示,寻求庇护者可以越过美国南部边境,让他们的申...
The degree to which it is felt, however, depends crucially on the policy response, both at home and abroad. Fiscal spillovers are more powerful when recipient countries are themselves operating below potential. American spending is thus more likely t...
Radiant energy 辐射能 If America's economy runs hot, what happens to the rest of the world? 如果美国经济过热,世界其他地区会发生什么? When america sneezes, the rest of the world catches a cold. But what happens when it runs a...
Even the keenest advocates of immigration agree that speaking the language helps migrants integrate. But they argue that the focus should be on helping them do so, not on overly ambitious targets many can never achieve. Many of Europes migrants today...
Books arts 文艺板块 Johnson Stress tests 约翰逊语言专栏压力测试 How to design language tests for citizenshipand how not to 如何设计入籍语言测试?要规避哪些方面? Perfect Swedish is overrated. But comprehensible Swedi...