Fortune: Texas power prices briefly soar 1,600% as a spring heat wave is expected to drive record demand for energy May 18 — Hotter temperatures in Texas are expected to set new all-time highs for energy use in the month of May, sending electricity prices spiking...
The company said billions in dollars in System Resiliency Plan spending would be on top of another $24.2 billion of planned capital expenditures through 2028 announced earlier. ________________________________________________ Oncor Electric has reported its net income...
The Texas House of Representatives Investigative Committee on the Panhandle Wildfires blamed a lack of ready air support, faulty equipment, and a failure of agency coordination for hindering response efforts. ________________________________________________ A...
The new rules establish the “Texas Energy Fund Completion Bonus Grant Program” and create guidelines for generation developers seeking grants to construct new dispatchable power facilities or to expand existing ones. ________________________________________________...
The organization’s CEO said a change in ERCOT’s forecasting methodology — combined with more Permian Basin oil production and an influx of new data centers and Bitcoin operations — had led to higher demand forecasts....