Category: Electricity

NRG Chief: Shale rush will create a “gas driven world”

NRG Energy CEO David Crane told an audience at the CERA Week energy conference Thursday that economics will be primary driver in declining use of coal in electricity generation.  More »

ERCOT estimates tight but manageable summer power supply

Texas’ grid operator predicts tight electricity supplies during the coming summer’s hottest days, but believes the state can avoid rotating power outages.  More »

Clean-power bill would boost natural gas, renewables

Large retail power companies would have to roughly double how much low-carbon power, such as solar, they sell by 2035 under legislation unveiled today by Sen. Jeff Bingaman, D-N.M., Senate energy committee chairman.  More »

Buffett warns holdings in TXU parent could become worthless

As if we needed another sign that the TXU buyout was a flop, now even uber-investor Warren Buffett is eating crow.  More »

GOP ups attacks on EPA climate rule for power plants

More than 200 U.S. lawmakers, mostly Republicans, urged the Obama administration to pull the plug on greenhouse-gas standards for power plants.  More »

Warning: New Proposals Would Increase Energy Prices

How much would you pay for electricity? How high would prices have to go before you’d voluntarily live in the dark? If you own a small business, would you ever consider going without electricity? The truth is we’ll pay almost anything to keep the lights on. Unlike many commodities, electricity is absolutely essential for modern […]  More »

Why Is the Nissan Leaf Selling Faster than the Chevy Volt?

This post was written by Yvette Loch, who interned at the Baker Institute Energy Forum and is a student at Awty International School. With the high gas prices we are facing today, the popularity of the fuel-efficient car is seeing its inevitable increase. Two of the fiercer competitors of this type of car are the […]  More »

Reworking the workplace

At BBVA Compass’ newest Houston office, employees don’t have trash cans at their desks, and eating next to their computers is a no-no. Workers at El Paso Corp.’s headquarters can go outside to work on nice days. And Clean Line Energy has a bike room with showers and lockers for those who get to work on two wheels.  More »

Sarnoff: House’s power source 93 million miles away

A national production builder is developing homes in the area designed to generate as much energy as they use.  More »

Another hot summer could prompt power outages

The private companies that generate electricity in Texas are not building enough new capacity to meet the state’s needs.  More »

What to expect when retail electric providers consolidate

The transition is simple and you might even get more out of your provider.  More »

GOP urges feds to scrap climate rule for new power plants

House Republicans asked the Obama administration to withdraw a pending rule that would implement the first-ever standards on greenhouse-gas emissions from new power plants, saying it would “impose additional energy costs on a struggling American economy.”  More »

EPA air chief believes cross-state rule will prevail in court

The EPA’s air chief expressed confidence that the Cross-State Air Pollution Rule will survive a court challenge from several states and utilities including Texas and Dallas-based Luminant Generation Co.  More »

TXU buyout short-circuits as risk of bond default rises

It could be lights out for the biggest buyout in history. The $43.2 billion purchase of TXU by two private equity groups in 2007 looked brilliant at the time. Natural gas prices were expected to rise, driving wholesale power prices higher. That was especially good for TXU, which generates much of its electricity from lower-priced [...]  More »

Electricity declines 50 percent with shale boom

A shale-driven glut of natural gas has cut electricity prices for the U.S. power industry by 50 percent and reduced investment in costlier sources of energy.  More »