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Winter Storm 2021

Analysis: Warren Buffett’s power play puts a price on electric reliability in Texas

Buffett’s Berkshire Hathaway Energy wants to build 10 electric plants in Texas, for use when demand peaks or other plants falter. And it’s the first time a price tag has been attached to a remedy since last month’s deadly storm.

Berkshire Hathaway CEO Warren Buffett at an annual Berkshire meeting in Omaha, Nebraska on May 2, 2015.

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Economy Energy State government Texas Legislature Texas Public Utility Commission Texas Railroad Commission