Category: Electricity

Energy CEO: Climate change is real, driven by humans

BHP Billiton CEO Andrew Maxkenzie, who leads the world’s largest mining company, said that climate change is real and driven by human activity during remarks Tuesday at the annual CERAWeek conference in Houston.  More »

Texas power conservation alert expires

Texans set a record for March power demand, but the grid operator let a conservation alert expire Tuesday morning as temperatures rose.  More »

Buffett regrets $2B bet on Texas utility

Warren Buffett lost more than $870 million betting on Energy Future Holdings, and says he wished he had never heard of the company.  More »

Texas power market monitor to resign

An independent monitor who watches for problems in the Texas electric power market under contract with regulators will leave the post later this month.  More »

Cold weather, hot market: Texas power price reaches max

Wholesale electricity in Texas, typically less than $100 per megawatt hour, reached $5,000 as heating demand approached generation capacity.  More »

Grid operator asks for conservation as cold grips state

The state’s grid operator is asking electric customers to conserve power as more cold moves through Texas and heating demand rises.  More »

Calpine buys San Antonio-area power plant for $625 million

Houston-based Calpine Corp. has added a Guadalupe County power plant to its fleet of nearly 100 in the U.S. and Canada.  More »

Texas electricity demand growing slower than once thought

Electricity use during the summer peak times is increasingly less quickly than once thought, according to a report released Friday morning by the grid managers for most of Texas.  More »

Plug Power climbs on Wal-Mart fuel-cell forklift order

Plug Power Inc., the supplier of fuel cells for electric forklifts that’s doubled in market value this year, surged the most in two weeks after announcing an order from Wal-Mart Stores Inc.  More »

Study: Offshore wind turbines can weaken hurricanes (video)

Offshore wind turbines could help prevent destruction caused by hurricanes by draining the storms of their deadly winds, according to a new scientific study that highlights a previously unknown benefit of the technology.  More »

Utility’s bankruptcy wouldn’t cut customers’ lights

Dallas-based Energy Future Holdings is hovering on the brink of bankruptcy, but should it tumble, the lights will continue to shine for Houston-based customers.  More »

Any Threat to the Electricity Grid Is a Tier One Problem

There are threats to the U.S. electricity grid which can be prevented, threats that can be mitigated, and there are threats that can be avoided altogether. Let’s walk through each scenario. We know how important it is to aggressively address vulnerabilities. The August 2003 blackout was the worst in recent U.S. history leaving an estimated […]  More »