Texas
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News
Massive Solar Farm Will Serve Texas Grid
A California company has teamed with the U.S. subsidiary of Japan’s largest gas utility to build a major solar power project just outside Houston, Texas. Rosendin, an electrical contractor with its corporate headquarters in San Jose, and Tokyo Gas America are developing the Aktina Renewable Power Project, a 500-MWac/631-MWdc solar farm spanning 4,000 acres in […]
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Markets
Yes, Texas’ Deregulated Electricity Market Has Problems, but It Can (and Should) Be Fixed
The severe winter storm that knocked out Texas’ electricity grid in February, plunging millions of people into a cold, dark ordeal, has led to a number of takes about what went wrong. The state’s deregulated energy market has been frequently singled out as the root cause. But, while a contributing factor, it wasn’t the only […]
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News
The Natural Gas Flame Continues to Burn Bright
The natural gas sector is well aware of the challenges facing the fossil fuel industry, but analysts say gas has attributes that will keep it a big part of the U.S. and global energy mix. Natural gas has moved
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News
More Blackout Fallout: New Texas PUC Chair Resigns
Arthur D’Andrea, the chair of the Texas Public Utility Commission (PUC), who took the post just two weeks ago, has resigned. D’Andrea was the only remaining PUC commissioner and is the latest state official to decamp their position in the wake of a deadly winter storm in February that overwhelmed Texas’ energy infrastructure. Texas Gov. […]
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News
Texas PUC Outlines Review of Response to Power Disaster
The regulatory group that oversees Texas’ deregulated power market has identified eight areas the agency will focus on as it continues to study the state’s response to a mid-February storm that left millions of electricity customers without power for several days. Texas power customers, along with electricity generators and retail power providers, continue to grapple […]
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News
Board Votes to Fire ERCOT CEO
Board members of the Electric Reliability Council of Texas (ERCOT), the entity that operates and manages the electricity grid that covers much of Texas, voted late on March 3 to fire ERCOT CEO Bill Magness. The move comes as state and federal officials continue to investigate the actions of the grid operator that led to […]
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News
Texas PUC Chair Resigns as Outage Probe Continues
The chairwoman of the Public Utility Commission (PUC) of Texas has resigned, stepping down after the state’s lieutenant governor earlier on March 1 called for her resignation, along with that of the CEO of the state’s power grid operator. DeAnn Walker, the PUC chair, in her resignation letter Monday to Gov. Greg Abbott, defended her […]
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News
Power Co-op Files Bankruptcy After $2.1 Billion ERCOT Bill
The group considered Texas’ oldest and largest electricity cooperative has filed for Chapter 11 bankruptcy protection, saying it can’t pay money wanted by the state’s grid operator in connection with power outages during a major winter storm that hit in February. Brazos Electric Power Cooperative filed its bankruptcy petition March 1 in the U.S. Bankruptcy […]
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News
Texas Launches Probe of Power Companies After Blackouts
The fallout from the severe weather that crippled the power grid in Texas and other states over the past week continues, as officials grapple with what went wrong and who should be held accountable for an energy emergency that left millions without electricity. Texas Attorney General Ken Paxton on Feb. 19 said his office would […]
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Commentary
Great Winter Storm of 2021 Will Live in Grid History
It will be some time before we know every detail that aligned to cause the tremendous number of sustained power outages in Texas, or the spiking power prices across all markets in the central states. Some things we do know. Some natural gas supply was frozen in. Some wind turbines froze up, and ice damaged some […]