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(source: Wikipedia) To be honest, I had not heard of the phrase ‘Jumping The Shark‘ until recently (I’m not talking about surfer Mick Fanning either). It’s not like I didn’t watch ‘Happy Days’ when I was growing up, I just don’t remember that episode. For those unaware, ‘Jumping The Shark‘ is a term used to […]
Calpine, one of the nation’s top power generators, will acquire Houston-based Champion and its 180 employees, all of whom will make the switch. Champion has 2.5 million residential customers, many in Texas, and 18,000 commercial and industrial customers.
New Orleans-based Entergy Corp. will still proceed with its $948 million acquisition of the Union Power Station near El Dorado, Arkansas, but the Entergy Texas subsidiary no longer will pay the $237 million to buy one of the four, 495-megawatt generating units at the natural gas-fired plant. Florida-based Entegra Power Group is selling the plant.
John Fainter, 76, who headed the Association of Electric Companies of Texas for 18 years, said he is retiring at the end of the year to spend more time with his grandchildren.
ERCOT wants to increase its revenues — and it’s seeking another rate hike to make it happen.
Power companies have been installing more natural gas turbines at plants, with new regulations that restrict the emission of greenhouse gasses has added new pressure to make the switch.
The projects, which are roughly $750 million each, will triple the amount of power production at Exelon’s Colorado Bend Generating Station in Wharton, which is about 45 miles southwest of Houston. The second 1,000-megawatt expansion is for the Wolf Hollow Generating Station outside of Fort Worth.
An Associated Press investigation in 2012 uncovered more than 270 accidents dating to 1968 that could have been prevented or made less dangerous if the valves had been in place.
Deepwater Wind is building a five-turbine wind farm off Block Island, with the ability to power 17,000 homes as early as next year.
The Texas Coalition for Affordable Power, a leading advocate for House Bill 1101, called the legislation the most important this year for electric customers.