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luminant

CB&I Chairman and CEO Philip K. Asherman, May 23, 2014 in The Woodlands, TX. (Eric Kayne/For the Chronicle)

CB&I reports net profit, new contracts

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CB&I said it made a net profit of $169.5 million, or $1.55 million per diluted share, during the April through June period, which was up from $142.4 million during the same time last year when the company was struggling more financially. The total revenues were down slightly at $3.2 billion from $3.3 billion last year.
Cost. Electricity

What the bankruptcy of TXU’s parent means for consumers

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As news of Energy Future Holdings’ bankruptcy filing spread Tuesday, advocates and economists disagreed about what, exactly, it may mean for the customers 1.7 million retail customers.
The Luminant Lake Hubbard natural gas power plant, a subsidiary of Energy Future Holdings Corp., stands in Dallas, Texas. Matt Nager/Bloomberg

Utility’s bankruptcy wouldn’t cut customers’ lights

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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.
Daniel Whitten, America's Natural Gas Alliance 
(James Nielsen / Houston Chronicle)

Guest commentary: Low, stable natural gas price keeps heating bills in check

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Daniel Whitten, of the trade association America’s Natural Gas Alliance, says the price of natural gas is stable, despite a predictable uptick when cold weather increases heating demand.
Luminant's Big Brown coal power plant (AP photo)

Luminant restarts power units early as natural gas prices rise

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Luminant is bringing three coal-fired power units back online two months earlier than originally planned, saying higher natural gas prices now make the plants economic to run.
(Photo: Steve Snodgrass/Flickr)

Luminant suspends nuclear plant expansion bid

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The owner of a North Texas nuclear power plant has tabled its request for federal permission to expand.
(Photo: Steve Snodgrass/Flickr)

Report tallies Texas nuclear plant violations

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An unreleased report says two Texas nuclear power plants each experienced more than 150 lower-level safety violations from 2000 through 2012.
Luminant's Big Brown coal power plant (AP photo)

EPA sues Luminant over Texas clean air violation claims

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Luminant Generation Co., the largest power generator in Texas, was sued by the U.S. Environmental Protection Agency for failing to meet air-pollution standards at two power plants, the Sierra Club said in a statement.
The entrance to the South Texas Project, a two-unit nuclear facility located outside of Bay City, Texas. The plant is located on a 12,200 acre site. Combined the two units produce 2,700 megawatts of electricity, enough to power two million Texas homes. The two-unit nuclear facility, one of the nation's largest, began commercial operation in 1988 and 1989 respectively.  (Emily Pickrell/Houston Chronicle)

Natural gas boom cools nuclear prospects — for now

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Cheap natural gas, high construction costs and a disaster in Japan have combined to dim prospects for a resurgence in nuclear power — especially in Texas’ unregulated market where utility companies must bear all of the financial risk of building new plants.
Cedar Bayou Power Plant uses brackish water to cool its machines. (Nick de la Torre / Houston Chronicle)

Drought puts drain on water supplies for power plants

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As drought continues, Texans’ thirst for electricity is drawing down supplies of the water needed to quench it.