A map of Texas showing the state s transmission lines is a focal point in the control room of the Electric Reliability Council of Texas, which operates most of the state's power grid. (Ryan Holeywell/Houston Chronicle)

ERCOT expects Texas electric grid to hold up strong in fall, winter

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ERCOT’s seasonal assessments and early outlooks for October through February predict Texas’ grid reserves will maintain at least 3,500 megawatts of reserve power even in the most extreme peak demand and power station outage scenarios.
Foundation jackets and a deck are seen on a barge near a construction crane before their installation on Deepwater Wind, the nation's first offshore wind farm, Monday, July 27, 2015, on the waters of the Atlantic Ocean Off Block Island, R.I. Deepwater Wind will consist of five turbines producing a total of 30 megawatts of electricity. (AP Photo/Stephan Savoia)

U.S. lags Europe on offshore wind efforts

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Rhode Island-based Deepwater Wind reached its first “steel in the water” milestone in the early construction phase of its Block Island Wind Farm at the end of July, and the company has some other projects planned offshore of the Atlantic coast.
A map of Texas showing the state s transmission lines is a focal point in the control room of the Electric Reliability Council of Texas, which operates most of the state's power grid. (Ryan Holeywell/Houston Chronicle)

Grid operator issues power use alert

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The Electric Reliability Council of Texas is asking electric consumers to limit their electricity usage today during the peak hours between 3 p.m. and 7 p.m. The string of 100-degree-plus days led to record-setting power demand on three different days this month, most recently on Monday, according to ERCOT. Gov. Greg Abbott on Wednesday asked residents to conserve.
(Bill Montgomery/Houston Chronicle)

Electric deregulation is saving Texas money, but it took a decade for consumers to reap the benefits

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While Texas residents first began saving in 2012 compared with the national average, the typical Texas household paid $4,800 more than Texans living outside the competitive electricity market since deregulation took effect, according to the Texas Coalition for Affordable Power.
Bill Magness, current general counsel for ERCOT, will take over for retiring CEO Tripp Doggett. (ERCOT)

ERCOT names new CEO to lead the Texas power grid

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The ERCOT Board of Directors selected Bill Magness on Tuesday as its next president and CEO.
Constellation Energy's coal-fired Brandon Shores power plant in Anne Arundel County, Md., Jan 15, 2012. (Shannon Jensen/The New York Times)

Constellation expands with new business in Houston and Dallas

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The move by Constellation, which is a subsidiary of Chicago-based Exelon Corp., comes at a time when more power generation companies are expanding their home retail businesses and services. Houston-based Calpine power company is buying Champion Energy Services and NRG Energy already has brands like Reliant and more.
The Lake Hubbard Power Plant near Dallas, owned by Energy Future Holdings on Feb. 28, 2012. (Allison V. Smith/The New York Times)

Energy Future Holdings looks to unload Oncor to Hunt-led consortium

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Energy Future Holdings, which filed for bankruptcy protection more than a year ago, also owns Luminant power company and TXU Energy and has long considered selling Oncor in order to help right itself financially. Energy Future Holdings owns 80 percent of Oncor.
Tester and installer Anthony Villarreal installs CenterPoint Energyís millionth smart electric meter in February 2011. As of April 1, 2015, the company has installed more than 2.3 million throughout greater Houston, which have helped save more than a million gallons of fuel and avoided 9,500 tons of CO2 emissions.

CenterPoint earnings dip by more than 25 percent

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CenterPoint Energy, which also sells and distributes natural gas in much of the country, reported $1.53 billion in revenues for the quarter compared to $1.88 billion last year. The $77 million in net earnings, or 18 cents per share, compared to $107 million, or 25 cents per share, last year.
(Bill Montgomery/Houston Chronicle)

Texas breaks another record for power use for the second time in two days

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The Electric Reliability Council of Texas, which runs the state’s electric grid, said the preliminary estimate for power demand during that hour was the highest it has ever recorded.
Dynegy CEO Robert Flexon is at the company's commercial desk. (Photo/James Nielsen)

Dynegy sees profits grow after power plant buying spree

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Dynegy reported a $388 million net gain, or $2.73 per common diluted share, compared to a loss of $123 million, or $1.23 per share, for the second quarter last year.