The issue of further refining Texas’ electric markets to ensure adequate investment to meet peak electric demand has continued to receive increasing attention since the blistering summer of 2011. Justifiable concern exists among power companies, policy makers and companies regarding the reliability of the state’s electricity supply given the economic growth of the state. At […]
Luminant Generation Co., the largest power generator in Texas, was sued by the U.S. Environmental Protection Agency for failing to meet air-pollution standards at two power plants, the Sierra Club said in a statement.
But nuclear power nearly stole the show after a federal court in Washington, D.C., ruled that the Nuclear Regulatory Commission violated federal law by failing to approve or reject a decision on whether to issue a license for the Yucca Mountain nuclear waste repository some 90 miles northwest of Las Vegas.
Regulators have imposed millions of dollars in civil penalties against energy companies that risk the dependability of the U.S. electrical grid since new rules following the 2003 Northeast blackout made such fines possible, including a record $25 million fine for a power failure in Florida.
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