The winter storm that brought frigid arctic air south to the Gulf of Mexico will cause $5.4 billion in insured losses in 42 states, Karen Clark & Co. projected on Thursday. The storm, known as Winter Storm Elliott, brought sub-freezing …
Power demand in Texas is set to break the all-time record this week, far ahead of the hottest days of summer, testing the resilience of the power grid after generation issues earlier this year and days-long blackout during a deep …
A lawsuit filed by 131 insurance companies alleges that negligence by the organization that operates Texas’ electrical grid and power companies caused electricity outages during the deep freeze last February that burst pipes and shut down power across the state …