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So the Lunar New Year this week in China has given a welcome pause for thought after a rather frenetic period of seemingly stronger data coming through from leading emerging market. So in an effort to assess whether the recent turnaround is a seasonal swing, a false dawn, or a true trend, here’s a random […]
Commissioner Rolando Pablos announced his resignation from the Public Utility Commission of Texas Thursday.
Wind power generated more than a fourth of the state’s electricity when it set a new record last Saturday
Duke acquired Progress Energy in June, making it the nation’s largest utility in the U.S. by market value and number of customers.
A glut of natural gas available to generate power has forced down wholesale electricity prices in deregulated U.S. markets, but the effect is less acute in Texas because of higher demand and tight capacity.
Public Citizen says a proposal to let electric retailers lock in wholesale power purchases years in advance won’t prompt increase generating capacity.
GE’s aeroderivative turbines, assembled in Houston, have become increasingly popular as a reliable option for both regular and backup power for major facilities, including the Texas Medical Center. See how the technology works.
It’s not surprising KKR and TPG are looking to unload TXU, but first, they need to give the company a debt makeover if they ever expect to bail themselves out of what’s become one of the most disastrous leveraged buyouts of all time.
Rules to cut greenhouse-gas emissions from operating U.S. power plants will be a boon for companies willing to invest in clean energy, said Carol Browner, a former Environmental Protection Agency administrator.
As drought continues, Texans’ thirst for electricity is drawing down supplies of the water needed to quench it.