# How a Texas electric co-op rebuilt for reliability | Sponsored content from Rayburn Electric Page: https://stenobird.com/podcast/energy-gang-887131/how-a-texas-electric-co-op-rebuilt-for-reliability-sponsored-content-from-rayburn-electric Text version: https://stenobird.com/podcast/energy-gang-887131/how-a-texas-electric-co-op-rebuilt-for-reliability-sponsored-content-from-rayburn-electric.md Podcast: [Energy Gang](https://stenobird.com/podcast/energy-gang-887131) Published: 2026-01-27T01:00:00+00:00 Episode link: https://dts.podtrac.com/redirect.mp3/rss.art19.com/episodes/67626d39-0605-4cab-a12f-ebc5ac875211.mp3?rss_browser=BAhJIg90cmFuc2NyaWJyBjoGRVQ%3D--952c5701c84ad333c69d5faa668f8177091704f0 Audio file: https://dts.podtrac.com/redirect.mp3/rss.art19.com/episodes/67626d39-0605-4cab-a12f-ebc5ac875211.mp3?rss_browser=BAhJIg90cmFuc2NyaWJyBjoGRVQ%3D--952c5701c84ad333c69d5faa668f8177091704f0 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/energy-gang-887131/episodes/how-a-texas-electric-co-op-rebuilt-for-reliability-sponsored-content-from-rayburn-electric Duration seconds: 2726 ## Resource As Texas battles another bout of bitterly cold weather, Energy Gang looks at the lessons that one generation and transmission electric co-operative learned from Winter Storm Uri in 2021. The freeze and subsequent shock to energy prices showed providers how dangerous it can be to rely on the market alone. For Rayburn Electric, a not-for-profit, member-owned cooperative, incurring years of power costs in just days was a catalyst for a fundamental reset of its approach to risk and resilience. Host Ed Crooks is joined by Rayburn’s President & CEO David Naylor, and General Counsel Chris Anderson, to hear the story of how they rethought how the co-op could best serve its members, and implemented its new strategy. The crucial steps included a first-of-its-kind securitization for a co-op, to spread costs over decades, and a strategic pivot toward owning generation as a natural hedge for its electricity sales. The co-op bought a power plant, now called the Rayburn Energy Station, and has RES 2 in the works, to meet reliability needs amid rapid load growth. David and Chris share what changedinside the organization too, driven by the principle that ‘status quo is not company policy.’  Operating exclusively within ERCOT, Rayburn provides power to approximately 625,000 Texans across sixteen counties, working collaboratively with four local distribution co-ops. Its infrastructure includes more than 265 miles of transmission lines and more than 1,000 MW of owned generation capacity, including the Rayburn Energy Station, a combined-cycle natural gas plant added to strengthen reliability after Winter Storm Uri. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#d… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/energy-gang-887131/episodes/how-a-texas-electric-co-op-rebuilt-for-reliability-sponsored-content-from-rayburn-electric/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/energy-gang-887131/how-a-texas-electric-co-op-rebuilt-for-reliability-sponsored-content-from-rayburn-electric.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.