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California Power Problems Hit Texas

Takes
California power lines

Manufacturers also reported curtailing production owing to grid strains and surging prices. Toyota said Thursday it scaled back production at its San Antonio plant. Reuters reported that Toyota is considering stopping production most days before 2 p.m.—when demand for power increases—and shortening night shifts through mid-August.

CPA's Take

Texas should maintain an “all-of-the-above” approach to power, but the state must have more thermal dispatchable power to ensure year-round reliability.

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