TXSES’s new report analyzes the economic impact of grid service interruptions caused by extreme weather events in Texas.
Executive Summary
The Texas Solar Energy Society (TXSES) is dedicated to enhancing Texas’s energy infrastructure. This report
presents an analysis of the economic impact of grid service interruptions across Texas, a project led by our
research department. In 2022, these interruptions cost the Texas economy an estimated $6.97 billion. This
analysis is based on data from 68 Transmission and Distribution Utilities (TDUs), utilizing refined
methodologies and comprehensive data sources. The findings aim to provide actionable insights and drive
necessary grid reforms.
Introduction
A reliable energy grid is vital for Texas, given its significant economic role and the essential services reliant on
continuous electricity. Historically, grid interruptions have posed severe challenges, disrupting daily activities
and economic operations. The objective of this report is to estimate the economic impact of grid interruptions in Texas for the year 2022. By understanding these impacts, TXSES aims to advocate for policy reforms and
infrastructure improvements to enhance grid reliability.