How a Winter Storm Bankrupted Energy Companies

Exposure to wholesale electricity prices can mean big risks. Texas's $10k energy bills and UK supplier collapses showed the dangers. But companies like Octopus Energy thrived with smart hedging and price caps. Can market innovation protect consumers from volatility? If you would like to help develop the Engineering with Rosie channel, you could consider joining the Patreon community, where there is a chat community (and Patreon-only Discord server) about topics covered in the videos and suggestions for future videos and production quality improvements. https://www.patreon.com/engineeringwithrosie Or for a one-off contribution you can support by buying a coffee ☕️ here — https://www.buymeacoffee.com/engwithrosie The Engineering with Rosie team is: Rosemary Barnes: presenter, producer, writer Javi Diez: editor https://www.linkedin.com/in/javierdiezsuarez/?locale=en_US Fatini Nur: Research and production assistant