The world is becoming more efficient in how it uses energy, but growing economies and an ever increasing world population will still mean an overall growing demand for energy in the coming decades, an industry expert said Saturday.
Skepticism over major possible changes to the Texas electricity market spilled into the governor’s race Thursday when Democrat Wendy Davis joined bipartisan scolding of state energy regulators who haven’t shown signs of backing down.
The prospect of U.S. oil exports and an increase in coal-related bankruptcies are likely to be major topics of conversation in energy circles next year, according to a discussion with lawyers from a leading firm serving the industry.
Renewable energy from windy West Texas has outpaced the growth of coal, natural gas and other power resources feeding Texas’ electric grid, according to a recent report by the Energy Information Administration.
Texas manufacturers are asking state regulators not to adopt a proposed modification to the state’s electricity market that would pay generators for keeping additional capacity available at peak times, saying the change would be costly to consumers and would dampen state growth.
The companies that sell electricity to Texas residences and businesses say their customers will have to pay more if the state makes changes in the market that some power industry officials and regulators are proposing.
In a sign of the growing threat that hackers pose to smart meters and other Internet-connected devices, Verizon Enterprise Solutions announced Tuesday that it will launch a service to help utilities block those attacks.
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