by OCSC | Sep 14, 2020 | Blog, ERCOT, Generation, Utility News
A company error led to a massive wholesale power price spike. ________________________________________________ A multi-million-dollar regulatory complaint against ERCOT and relating to a massive wholesale power price spike has been dismissed by Texas...
by OCSC | Sep 10, 2020 | Blog, Electric Consumers, Generation, Utility News
Hurricane Laura caused extensive damage in East Texas. ________________________________________________ Although it made landfall outside the state, Hurricane Laura knocked out power for hundreds of thousand customers within Texas and wreaked havoc on the local...
by OCSC | Sep 2, 2020 | Blog, Utility News
By 2030, EVs could comprise as much as 15 percent of Texas vehicles. ________________________________________________ In recent years, electric industry regulators nationwide have contended with issues arising from electric vehicles. The Texas Public Utility...
by OCSC | Jul 10, 2020 | Blog, Rates, Utility News
New CenterPoint CEO said to prioritize shareholders, regulators. ________________________________________________ The new CEO of Houston’s CenterPoint Energy will receive a base salary of $1.35 million per year, plus a sign-on equity stock award valued at $1 million,...
by OCSC | Jul 8, 2020 | Blog, Electric Consumers, Generation, Utility News
The proposed wind generators are to be in Oklahoma, but can supply adjoining states. ________________________________________________ A proposal to add 810 megawatts of wind energy that would serve customers in East Texas along with customers in other states has...
by OCSC | Jul 2, 2020 | Utility News
Former Halliburton CEO also served on CenterPoint Board of Directors. ________________________________________________ Former Halliburton CEO David Lesar has taken the reins of CenterPoint Energy, the Houston-based energy company beset in recent months by falling...
