Category: Electricity

Paying for the ongoing mistakes of electric deregulation

Utilities call them “stranded costs,” but Loren Steffy says they amount to a billion-dollar joke on consumers.  More »

How do you get power plants to show up on a hot day? Jack up prices

State power officials are considering doubling the maximum allowable price for power during peak usage as a way to convince companies to build more power plants.  More »

ERCOT to pay fines for 2008 errors

Texas’ main power grid operator will pay $384,000 in fines for failiing to meet federal reliability standards several times in 2008.  More »

Q&A: Daniel Yergin found surprises while writing ‘The Quest’

The oil industry historian gives us the inside story on his latest book — and reveals what he had to leave out.  More »

Cyber attacks on U.S. utilities, industries rise

U.S. utilities and industries face a rising number of cyber break-ins by attackers using more sophisticated methods, a senior Homeland Security Department official said during the government’s first media tour of secretive defense labs intended to protect the nation’s power grid, water systems and other vulnerable infrastructure.  More »

Houston electric bills will rise another $2.20 per month in 2012

Houston-area electric customers will pay an additional $2.20 per month for the next 14 years to cover CenterPoint Energy’s costs for the switch to a deregulated power market in Texas.  More »

Valero calls on grid operator to shape up in Texas City

Refineries in Texas City have been hit by power grid failures repeatedly this year, leading to equipment outages and flaring. Valero CEO Willaim Klesse says enough is enough.  More »

Tax credit needed to maintain domestic wind turbine business

U.S. manufacturing of wind turbines will likely fall in 2013 if Congress doesn’t extend a tax credit by this fall, a trade-group official said Tuesday.  More »

Feds give $450 million to Texas “clean coal” plant

The U.S. Department of Energy has awarded $450 million to a clean coal project planned for arid West Texas.  More »

Power utility sued after massive Texas wildfire

A utility knew about wildfire dangers amid Texas’ severe drought but failed to remove dead trees and branches near power lines that sparked the most destructive wildfire in state history, an attorney said Tuesday after filing a lawsuit for some families who lost their homes.  More »

Princeton student creates low cost, more efficient solar panel

Princeton University student Eden Full, 19, was awarded more than $380,000 to help spur development of her solar panels that track the sun without the use of electricity.  More »

House passes bill delaying emissions rule Texas wants blocked

The House passed a bill today that delays for several years an emissions rule Texas and Dallas-based power plant operator Luminant have asked a federal court to block, and that would require a new committee to analyze the impact on business for EPA rules.  More »