Monthly Archives: June 2009

Power emergency passes without a record

Texas did not break the peak electricity demand record on Thursday and the outlook for Thursday is less-than-record-breaking as well, according to ERCOT spokeswoman Dottie Roark. A record is not expected Friday. The high demand Thursday was 62,298 megawatts* from 3 p.m. to 4 p.m., just 41 megawatts short of the current record for peak […]  More »

State issues Power Watch through 7 p.m., record use expected

The Electric Reliability Council of Texas, the state’s main grid operator, and the Public Utility Commission are calling on consumers and businesses to reduce electricity use today during peak electricity demand hours from 3 p.m. to 7 p.m. Outages aren’t expected, said ERCOT Vice President of System Planning and Operations Kent Saathoff, “but due to […]  More »

API's love/hate relationship with the Congressional Budget Office

The American Petroleum Institute put out a release today criticizing the Congressional Budget Offices calculations for the costs of the Waxman-Markey bill: “The calculations give new meaning to the term ‘rosy scenario,” according to the statement from President Jack Gerard, noting the annual household cost estimate of $175 per household doesn’t jibe with the estimate […]  More »

How much would you pay for a blackout back-up?

We wrote today about the surge in interest in natural gas-powered generators for homes in case of blackouts. They’re not cheap, and lengthy blackouts like those following Hurricane Ike are rare events, but a growing number of Houstonians are willing to make the investment. A few readers who signed up with one of the companies […]  More »

Texas power use record possible today: update*

State grid operators are projecting an all-time record for power usage today, with demand at 5 p.m. estimated to reach 62,559 megawatts, at least as of noon that was the prediction. Shifting cloud cover, rain or any number of other factors could change that. Tomorrow’s prediction is for an even higher peak. The Texas Public […]  More »

NRG investors losing interest in Exelon bid?

Exelon is extending the date NRG Energy shareholders can tender their shares as part of its hostile takeover bid until August 21, a month after NRG’s July 21 shareholder meeting. The Chicago-based power plant operator says its extending the offer “… so that NRG stockholders can focus on the decisions to be made at the […]  More »

Chron Energy Newslinks | 06.17.09

• Huntsman CEO details buyout deal • Oil companies in Iran: Business as usual is relative • Consumer Reports suggests clunkers to turn in • Stimulus Packages a Boon for Efficiency • Exelon extends tender offer for NRG • “Teach the controversy” tactics threaten wind energy revolution • Rockin’ the Bakken • Utilities could cash […]  More »

How shale gas changed one family:

About a year ago while Keith Mauck was studying to take the bar exam, he had one of those conversations with his wife you just wish had been captured on film. It may have started something like this: “Honey, let’s scrap this idea of me being a lawyer for now so I can write a […]  More »

June power record pending? *updated

It’s shaping up to be a hot week in Texas but the state’s main electric grid operator isn’t expecting problems meeting demand. The 2009 summer assessment has a forecast peak demand of more than 61,000 megawatts in July and more than 62,000 MW in August. There’s a 17 percent reserve margin available to handle extreme […]  More »

Another climate change law price tag

The Congressional Budget Office estimates one version of the federal climate change law will cost $1,600 per household, but don’t expect this to be the final word. Cost estimates have varied widely, as evidenced by this bit of back-and-forth from the past two months as chronicled by . And U.S. Rep. Joe Barton has […]  More »

Chron Energy Newslinks | 06.15.09

• Huntsman/banks court battle in Conroe starts today • Aubrey McClendon to angry shareholders: “I believe in creating value.” • Chesapeake in JV with Statoil for overseas shale • Natural gas producers seek balance • Nigerian rebels claim destruction of Chevron facility • BP close to choosing chairman • Close call at daycare that includes […]  More »

FutureGen may have a future after all

The Obama administration isn’t making many friends in the energy industry with its ‘s big push for climate change legislation, but it is trying to play nice with the coal industry. A sign supporting the FutureGen power plant sits on the front lawn of a home in Tuscola, Ill., one of the towns that didn’t […]  More »

Muddy waters on the offshore drilling debate

An advance copy of Sen. Bill Nelson’s talk on the floor of the Senate today shows he plans to raise many issues, like why the industry needs more acreage to drill when it has millions of untouched acres under lease and why a 2006 compromise to delay East Gulf of Mexico drilling is now being […]  More »

Exxon/TransCanada make it official

Text of the press release the companies put out at about 1 p.m. CST: TransCanada and ExxonMobil to Work Together on Alaska Pipeline Project ANCHORAGE, ALASKA — (Marketwire) — 06/11/09 — TransCanada Corporation (TSX: TRP) (NYSE: TRP) (TransCanada) today announced that TransCanada and ExxonMobil have reached an agreement to work together on an Alaska gas […]  More »

Exxon Alaska pipeline news may come today

As we reported Wednesday night, Exxon Mobil is in talks with TransCanada to join its project to build a long-awaited natural gas pipeline off the North Slope. This would be one of the largest construction projects ever, a 1,700-mile line running from Prudhoe Bay to major pipeline hubs in Alberta, Canada. Alaska Gov. Sarah Palin […]  More »
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