Thad Hill

Renewables, natural gas to grow after Paris climate and budget agreements

Calpine, the owner of the nation’s largest fleet of gas power plants, walks a fine line in supporting the Paris talks and the federal Clean Power Plan to reduce emissions at power plants, while also opposing the five-year extensions of wind and solar tax credits in the federal budget approved Friday by Congress. Hill supports a carbon tax, but in a “level playing field” without tax credits.
U.S. Electricity Output Rose 6.2% From A Year Earlier

State regulators approve new power line serving Houston area

The commission signed off on the need for the $600 million Houston Import Project and a route adjusted slightly to address concerns in communities through which it will run.
Solar panels stand in a field in front of wind turbines at the Woodlawn Wind Farm, operated by Infigen Energy, in Bungendore, New South Wales, Australia, on Friday, July 31, 2015. Wind supplied 4 percent of the nationÕs electricity -- equivalent to 1.3 million homes -- at the end of 2013 with new investment almost doubling last year to A$1.5 billion, according to the Clean Energy Council. Photographer: Brendon Thorne/Bloomberg

Texas leads nation in both wind and natural gas power growth

Texas accounted for more than one-third of the new wind and natural gas-fired power added to the nation’s electric grid this year through September.
A CenterPoint Energy employee in Houston on May 21, 2013. (Cody Duty / Houston Chronicle)

CenterPoint Energy soars after activist investor discloses stake

U.S. Federal Trade Commission notice dated Thursday shows a unit of Elliott Management, the $27 billion hedge fund run by billionaire Paul Singer, was granted approval for an acquisition involving the company.
gina mccarthy

“Coal is no longer marketable,” EPA’s McCarthy says

Speaking from the Paris climate talks in a video posted to Facebook, McCarthy said that China, the biggest consumer of energy in the world, has made commitments to reducing its reliance on the fuel even as the country’s energy demands continue to expand.
Part of the containment vessel for a new nuclear reactor at the Plant Vogtle nuclear power plant is under construction in Augusta, Ga. (AP Photo/John Bazemore, File)

South Texas is hotbed for nuclear fuel, USGS says

The uranium oxide is located in sandstone formations throughout the South Texas coastal area nearer the Gulf of Mexico. The area already has two active mines with companies actively exploring for uranium.
Russ Girling, President and CEO of TransCanada Corp., during CERA Week at the Hilton Americas on March 4, 2014, in Houston. (Mayra Beltran/Houston Chronicle)

TransCanada ups stake in Canadian electricity generator

TransCanada, best known in the U.S. for the now-shelved Keystone XL pipeline, is the largest independent power generator in Ontario.
The W. A. Parish power plant on Friday Sept. 5, 2014 in rural Fort Bend County, TX.  (Eric Kayne/Invision for NRG/AP Images)

NRG Energy begins selling power plants to fix finances

NRG, which has seen its stock value fall by 55 percent since the beginning of the year, is in the process of spinning off its solar assets and selling some fossil fuel power plants to reduce its portfolio and improve cash flows.
(Bob Owen/San Antonio Express News)

Southern Company buys planned Texas solar farm

The Roserock solar farm will provide power to the city of Austin and surrounding areas through a 20-year power purchase agreement with the municipally owned Austin Energy.
(AP Photo/LM Otero, File)

Luminant buys NextEra power plants in Texas for $1.59 billion

Luminant, the power generation subsidiary of Energy Future Holdings Corp. in Dallas, is purchasing two, large natural gas-fired power plants in northeastern Texas.