Texas slaps down $9,000 power prices after blackout chaos Texas regulators voted yesterday to cut a $9,000 wholesale electricity price cap nearly in half, changing a policy that helped fuel massive bill spikes following a power shortage and blackouts in February. The new “high system-wide offer cap” will be $5,000 per megawatt-hour, according to a … Continue reading #Texas slaps down $9,000 power prices after blackout chaos
Bitcoin miners say they’re helping to fix the broken Texas electric grid AUSTIN, TEXAS – The Texas power grid is struggling with fluctuating energy prices and sporadic service, but the state’s growing bitcoin mining community believes it can help fix it. Republican Sen. Ted Cruz agrees. “A lot of the discussion around bitcoin views bitcoin … Continue reading Bitcoin miners say they’re helping to fix the broken Texas electric grid
Texas hasn’t done enough to prevent another winter blackout, experts say MIDLOTHIAN — After last winter’s freeze hamstrung power giant Vistra Corp.’s ability to keep electricity flowing for its millions of customers, CEO Curt Morgan said he’d never seen anything like it in his 40 years in the energy industry. During the peak days of … Continue reading #Texas hasn’t done enough to prevent another winter blackout, experts say
PUC imposes new protection months after Texas deep freeze The new rule is that federal regulators instructed the state 10 years ago. Texas waited for millions to lose power and hundreds to die. Dallas — Power plant operators and transmission companies like Oncor suffer billions of damage and hundreds of lives, with millions of people … Continue reading PUC imposes new protection months after #Texas deep freeze
WattBridge Breaks Ground on Peak-Power Facility To Support Nearly 200,000 Homes in Brazoria County, Texas HOUSTON, Sept. 30, 2021 /PRNewswire/ — WattBridge Energy, LLC announced that the 288-MW Mark One project—the company’s fourth peak-power installation for ERCOT and the Greater Houston area in just 18 months—has started construction in Brazoria County. Anticipated to be online … Continue reading #WattBridge Breaks Ground on Peak-Power Facility To Support Nearly 200,000 Homes in Brazoria County, Texas
Backup batteries | Texas company storing energy for power outages KAUFMAN COUNTY, Texas — While mother nature can make cheap and clean electricity, she doesn’t come with a switch we can control. The sun doesn’t always shine and the wind doesn’t always blow. But the issue of intermittency has one promising solution. “Battery storage is … Continue reading Backup batteries | #Texas company storing energy for power outages
FERC, NERC Outline Proposed New Reliability Standards Following the February Winter Storm Last Thursday, the FERC/NERC joint inquiry presented their preliminary report and recommendations at FERC’s monthly open meeting. The report identified two main causes of the widespread outages: freezing or icing of electric generation components, and natural gas fuel supply issues—in particular, the effects … Continue reading FERC, NERC Outline Proposed New Reliability Standards Following the February Winter Storm
#Brazos_Electric seeks bankruptcy court ruling on winter storm energy prices (Reuters) – Brazos Electric Power Cooperative Inc has asked the judge overseeing its bankruptcy to determine that Texas’s electric operator applied the wrong pricing mechanism for electricity used during the state’s historic winter storm that left millions without power. In court papers filed on Wednesday, … Continue reading Brazos Electric seeks bankruptcy court ruling on winter storm energy prices
ERCOT Releases Plan To Strengthen Texas’ Electric Grid The Electric Reliability Council of Texas, or ERCOT, has released what it is calling a “Roadmap to Improving Grid Reliability.” The outline comes amid angst over whether Gov. Greg Abbott and lawmakers did enough to improve the statewide electric grid during the regular legislative session. The 60-point … Continue reading ERCOT Releases Plan To Strengthen Texas’ Electric Grid
CPS Energy Announces Key Milestones In Case Against ERCOT SAN ANTONIO, May 26, 2021 /PRNewswire/ — CPS Energy announced today that it was successful in defeating two key actions brought by the Electric Reliability Council of Texas (ERCOT) in CPS Energy’s case against the state electric grid operator. First, CPS Energy was successful in defeating … Continue reading #CPS_Energy Announces Key Milestones In Case Against ERCOT
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