Tag: Electricity

Citigroup says renewables will continue upward trajectory, even as crude tumbles

Oil generates about 5 percent of global electricity and doesn’t generally compete directly with wind and solar power, Citigroup researchers said.  More »

Dynegy gets federal OK to buy Duke, Energy Capital plants

In buying the units, which sell power in competitive wholesale markets, Dynegy will nearly double the company’s electricity generation capacity.  More »

Electric industry pushes back against bill restricting minimum-use fees

During a late-night hearing in Austin on Wednesday, the companies argued that “minimum use fees” — charged to customers who use too-little electricity each month — are fundamental to the economics of some power plans.  More »

Industry study ranks Texas 10th in solar capacity

Texas is the 10th-ranked state for U.S. solar capacity, according to a study published Thursday by the Solar Energy Industries Association, a trade group.  More »

EIA: Electricity prices rose at fastest rate in six years in 2014

Residential electricity prices surged last year for residents in many of the country, but 2015′s rate hikes are expected to be less dramatic, according to a new analysis by the U.S. Energy Information Administration.  More »

DOE: Wind could supply 20 percent of U.S. power by 2030

Wind power could supply 20 percent of the country’s electricity by 2030, up from 4.5 percent today, under a “ambitious but credible scenario” outlined in a new U.S. Department of Energy report published Thursday.  More »

Texas grid can handle the heat, operator says

Texas power plants should be able to meet spring and summer electricity demand, the state’s grid operator said Monday.  More »

California energy chief calls Jerry Brown’s fuel target a ‘moon shot’

California has been setting the pace for U.S. policy on climate change and greenhouse gases.  More »

NRG reports $119 million in fourth quarter profits

The company, which both generates power and supplies it to retail customers, also saw its net income for 2014 rise to $134 million, up from a $386 million loss in 2013.  More »

CenterPoint officials say they aren’t worried about Houston’s economy

CenterPoint Energy, the monopoly utility company serving Houston-area electric companies, reported a 55.8 percent increase in profits in the fourth quarter Thursday.  More »

Action Needed to Protect Rate Discount Program

The money was collected from ratepayers to help needy ratepayers, and spending it on any other purpose would be to break a covenant with Texans.  More »

Texans who don’t use enough power hit with penalty fees

Many Texans receive penalty fees on their electric bills for not using enough power.  More »

Dynegy says mega-deals won’t close in first quarter

Dynegy doesn’t expect to close the pair of mega-deals it announced in August until some time after the first quarter of this year, the Houston-based power generator said Monday.  More »

Take a look inside ERCOT’s control room

One of the most important rooms in the state is one few Texans will ever see.  More »

Entergy: Louisiana needs more electricity for industry

That likely means building power plants for about $1 billion a piece, which the 1 million customers of Entergy Corp.’s Louisiana companies will be expected to pay.  More »
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