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...
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 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...
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,...
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...
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...
