Category: Electricity

Wholesale electricity price cap study raises questions on increase

Today the new price cap for wholesale energy will go into effect, increasing prices by 50 percent to $4,500 per megawatt-hour, as Texas electricity planners attempt to create more electricity supply by increasing its price during high demand periods.  More »

House poised to pass legislation to keep power flowing

In a rare moment of accord on energy and environmental policy, House Democrats and Republicans are expected to come together and pass legislation that would insulate power utilities from environmental fines when the federal government orders them to keep generating electricity.  More »

Power restored across India after historic failure

Factories and workshops across India were up and running again Wednesday, a day after a major system collapse led to a second day of power outages and the worst blackout in history.  More »

Electricity grids fail across half of India

Electric crematoria were snuffed out with bodies inside, New Delhi’s Metro shut down and hundreds of coal miners were trapped underground after three Indian electric grids collapsed in a cascade Tuesday, cutting power to 620 million people in the world’s biggest blackout.  More »

Wait-and-see mode for Texas electric consumers

The much-discussed wholesale electricity price hike starts tomorrow, leaving some to ponder whether electricity providers will pass on the higher costs to consumers.  More »

Power provider loses appeal of EPA oversight

The largest power generator in Texas lost an appellate court challenge Monday over federal supervision of state clean-air regulations.  More »

Weakness exposed in Calif. electricity trading

A big electricity trader may have figured out a way to exploit vulnerabilities in the state’s $8 billion-a-year electricity market, just as Enron Corp. did a decade ago, state officials said.  More »

370M Indians swelter in darkness after power fails

Northern India’s power grid crashed Monday, halting hundreds of trains, forcing hospitals and airports to use backup generators and leaving 370 million people — more than the population of the United States and Canada combined — sweltering in the summer heat.  More »

Core drama at largest US electric company lingers

The investigations into whether regulators and consumers were misled in the run-up to the merger of North Carolina’s two Fortune 500 energy companies could continue quietly for months after a deadline arrives next week.  More »

Steffy: Worst of both worlds likely for Texas power consumers

Columnist Loren Steffy says that Texas regulators are turning more and more to a controlled market to solve problems with electric deregulation.  More »

Encouraging people to save electricity may start with a prize

Some electric companies are offering incentives for customers to consume less power, as the comanies try to contain their own costs of generating the juice.  More »

Houston staff would shrink in NRG-GenOn deal

The company has no plans to expand power generation in Texas, NRG CEO David Crane said in a press call Monday.  More »

Steffy: Utility commission forgets the public

We need a better name for the Public Utility Commission.  More »

W.Va. Taco Bell testing green initiatives

Taco Bell has long since replaced its one-time slogan, “Make a run for the border,” but its newest location in Kenova, at the I-64 border of West Virginia and Kentucky, is one they hope everyone will head for. In fact, company representatives said this Taco Bell isn’t like any you’ve ever experienced.  More »

NRG Energy is buying Houston’s GenOn

New Jersey-based NRG Energy has a deal to buy Houston-based GenOn Energy in an all stock deal worth about $1.7 billion, the companies announced Sunday afternoon.  More »