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South Texas Nuclear Reactors Can’t Compete With Renewables, Risk Financial Meltdown

South Texas Nuclear Reactors Can’t Compete With Renewables, Risk Financial Meltdown HOUSTON February 10, 2016 – Public Citizen, the SEED Coalition and the South Texas Association for Responsible Energy are opposing a decision by the U.S. Nuclear Regulatory Commission (NRC) to approve construction of two new nuclear reactors at the South Texas Project nuclear plant … Continue reading South Texas Nuclear Reactors Can’t Compete With Renewables, Risk Financial Meltdown

ERCOT STAKEHOLDERS TO REVISIT PAYING POWER GENERATORS TO RAMP DOWN

ERCOT STAKEHOLDERS TO REVISIT PAYING POWER GENERATORS TO RAMP DOWN Houston (Platts)–9 Feb 2016 633 pm EST/2333 GMT Generators required by the Electric Reliability Council of Texas to ramp down for grid reliability may be compensated under a proposal ERCOT’s board has asked stakeholders to reconsider, in response to an appeal of the proposal’s failure … Continue reading ERCOT STAKEHOLDERS TO REVISIT PAYING POWER GENERATORS TO RAMP DOWN

#TEXAS ELECTRICITY REGULATORS WON’T FIX A $50 MILLION MISTAKE

TEXAS ELECTRICITY REGULATORS WON’T FIX A $50 MILLION MISTAKE Hot weather and blasted a/c might be two factors influencing your utility bill. But since utility prices in Texas are ultimately decided by a computer, not humans, consumers may have something else to worry about: computers making errors based on wrong information, which can cause your … Continue reading #TEXAS ELECTRICITY REGULATORS WON’T FIX A $50 MILLION MISTAKE

Complaint Filed Over Alleged ‘Fake Profits’ In Texas Electricity Market

Complaint Filed Over Alleged ‘Fake Profits’ In Texas Electricity Market There’s a new development in a story we reported last year: allegations that mistakes made in the Texas electricity market resulted in millions of dollars of so-called “fake profits.” Like oil or other commodities, electricity in Texas is sold on a wholesale market that is … Continue reading Complaint Filed Over Alleged ‘Fake Profits’ In Texas Electricity Market

ERCOT: Wind energy provided record 45% of electricity on Dec. 20

ERCOT: Wind energy provided record 45% of electricity on Dec. 20 The duration of wind energy meeting almost half of ERCOT’s demand showcases the grid’s ability to handle sustained amounts of the resource without significant reliability issues. Texas had the most installed wind capacity of any state at the end of the third quarter in … Continue reading ERCOT: Wind energy provided record 45% of electricity on Dec. 20