Texas Grid Solicits Power Reserves to Avoid ‘Unacceptable’ Winter Risk October 3, 2023 By Naureen S. Malik The Texas grid operator is seeking to secure an extra 3,000 megawatts of power reserves this winter to avoid an...
US Power Companies Face Supply-Chain Crisis this Summer June 29, 2022 By Scott DiSavino U.S. power companies are facing supply crunches that may hamper their ability to keep the lights on as the nation...
Texas Power Use to Hit Record as Temperatures Soar June 6, 2022 Power demand in Texas is set to break the all-time record this week, far ahead of the hottest days of...
Texas Insurers Sue ERCOT, Power Generators Over Damages From Deep Freeze January 10, 2022 By Jim Sams A lawsuit filed by 131 insurance companies alleges that negligence by the organization that operates Texas’ electrical grid and power...
Texas Power Demand to Hit 2021 High During Another Heatwave August 12, 2021 The Texas power grid operator forecast demand would reach its highest in 2021 on Wednesday and Thursday as homes and...
Berkshire Defends $8B Texas Power Proposal to Combat Blackouts May 3, 2021 By Jonathan Stempel Berkshire Hathaway Inc on Saturday defended its $8 billion proposal to build natural gas plants in Texas to help reduce...
Texas Power Firm Hit With $2.1 Billion Bill Files for Bankruptcy March 1, 2021 By Jeremy Hill, Eduard Gismatullin and Rachel Morison The largest power generation and transmission cooperative in Texas filed for bankruptcy in the wake of power outages that caused...
Texas Lawmakers Look to Lay Blame for Deadly Power Blackout February 26, 2021 By Jennifer Hiller and Gary McWilliams Texas state lawmakers on Thursday dug into the causes and cast blame for deadly power blackouts that left millions shivering...
Viewpoint: Subrogating Freeze Damage When Texas Power Plants Are Not Dressed For Winter February 25, 2021 By Mark A. Solomon Successful subrogation against power companies is not a given. In determining whether the Electric Reliability Council of Texas (ERCOT) may...