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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.
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.
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.
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.
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.
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.
TransCanada, best known in the U.S. for the now-shelved Keystone XL pipeline, is the largest independent power generator in Ontario.
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.
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.
Luminant, the power generation subsidiary of Energy Future Holdings Corp. in Dallas, is purchasing two, large natural gas-fired power plants in northeastern Texas.