The Houston-based power company named W.G. “Trey” Griggs III as its new executive vice president and chief commercial officer. Griggs was a managing director at Goldman Sachs & Co. In his new position at Calpine, Griggs will oversee the trading, origination, development and commercial analytics groups and report to CEO Thad Hill.
A drop in wholesale electric prices has prompted an important discussion at ERCOT about assumptions it uses when monitoring the state’s power market. Changing those assumptions could impact how much we all pay for electricity.
Part of a New York nuclear power plant remained offline Sunday after a transformer fire created another problem: thousands of gallons of oil leaking into the Hudson River, officials said.
New York Gov. Andrew Cuomo said emergency crews were out on the water near Buchanan trying to contain and clean up transformer fluid that leaked from Indian Point 3.
Extrapolating from the data, the Duke University professor calculated that automatic bill payment programs induced nearly 16 billion kilowatt-hours of incremental consumption in the United States in 2010. That incremental consumption resulted in an aggregate cost of $1.8 billion.
Electronics, appliances and other equipment that stay plugged in, or hard-wired into homes, devours electricity around-the-clock, contributing to an estimated $19 billion worth of electricity wasted each year in U.S. homes, according to a new study by the Natural Resources Defense Council, an environmental group.
Once the envy of the modern world, the nation’s infrastructure system now works overtime just to keep up with the growing needs of the energy grid. While many understand the need for continued investment in roads and bridges, the same cannot be easily said of the nation’s aging energy infrastructure. This network of pipelines, highways, […]
Recent power plant acquisitions have placed Dynegy in a comfortable position for the next few years, but the Houston-based power generator will have to figure out how to operate in a rapidly changing electricity market, CEO Robert Flexon said Thursday.
McCarthy’s pledge comes amid anxiety over the Obama administration’s push to sharply reduce carbon dioxide emissions from the power sector while rapidly expanding the use of cleaner-burning natural gas, wind and solar.
FuelFix.com is your daily must-read source for news and analysis on the energy business. Anchored by business reporters at the Houston Chronicle and other Hearst Newspapers, Fuel Fix incorporates blogs by energy experts, market updates, useful data and a real-time summary of the top ideas, hottest stories and latest news in the oil, gas and energy industries.
Browse previous blog posts by month and year of entry. You'll see all the posts for that time period.