Category: Electricity

Obama budget hints sale of largest public utility

The Obama administration’s 2014 budget is calling for a strategic review of the Tennessee Valley Authority, opening the possibility that the largest U.S. public utility could be sold.  More »

NRG paying $244M for Corpus Christi power plant

Power provider NRG Energy is paying roughly $244 million to buy a Corpus Christi cogeneration power plant that will expand the company’s electricity capacity in a part of the state where it is seeking to grow its customer base.  More »

Central Texas power plant to double in size

Officials say a natural gas-fueled power plant in Central Texas will double in size and supply power to approximately 1.5 million homes.  More »

Copper thieves cause power outages near Houston

Copper thieves in Liberty County caused power failures on Wednesday for about 2,000 electric customers for almost 12 hours in some places, officials said.  More »

Environmental group calls on Legislature to address power supply

The Environmental Defense Fund is calling on legislators to adopt measures it said could help to address the state’s growing problems in meeting the demands for electrical power.  More »

Early Bird Closing: Global Energy Systems – June 26-28 2013

It is essential for energy professionals to stay well informed with the latest insights in this evolving world. For this reason, Euan Mearns of The Oil Drum, myself and several others, are organizing the first three-day Global Energy Systems conference…  More »

Early Bird Closing: Global Energy Systems – June 26-28 2013

It is essential for energy professionals to stay well informed with the latest insights in this evolving world. For this reason, Euan Mearns of The Oil Drum, myself and several others, are organizing the first three-day Global Energy Systems conference…  More »

Japan moves to revamp troubled power industry

Japan’s Cabinet has approved a proposal to revamp its troubled electricity industry and foster more competition by obliging utilities to split power generation and distribution into separate businesses.  More »

Electricity plans tout savings with gimmicks (video)

Direct Energy today launched the latest offer in what has become an increasingly competitive and gimmicky electricity market, including Reliant Energy’s “sweet deal” donut ad voiced by Matthew McConaughey.  More »

Barclays calls refineries top stocks for 2013

Refining stock prices are undervalued by about 50 percent, Barclays wrote in a 2013 Global Energy Outlook issued on Wednesday. But the investment bank cautioned investors on Big Oil stocks, amid declining production.  More »

Clean energy costs taxing utilities

Regulated electric utilities are feeling the heat to generate more clean energy while keeping the prices low, the CEO of Duke Energy said on a Platts talk show program on Monday morning.  More »

NRG pushes solar to keep Zoo moving

All 30 electric vehicles the Houston zoo uses to haul food, supplies and even animals now get their power from sunlight.  More »