Lessons learned from the power outages in Texas

<p>A new working paper is examining demand following the wave of power outages that plagued Texas earlier this year. Blake Shaffer, an economics professor and former energy trader, is one of the authors of that paper, and we spoke to him about the &#8220;other side&#8221; of the electricity grid discussion. A surge of omicron cases has led Apple to close all of its stores in New York City.</p>