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Bill Magness, current general counsel for ERCOT, will take over for retiring CEO Tripp Doggett. (ERCOT)

ERCOT names new CEO to lead the Texas power grid

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The ERCOT Board of Directors selected Bill Magness on Tuesday as its next president and CEO.
(Bill Montgomery/Houston Chronicle)

Texas breaks another record for power use for the second time in two days

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The Electric Reliability Council of Texas, which runs the state’s electric grid, said the preliminary estimate for power demand during that hour was the highest it has ever recorded.
NRG Energy Inc. Vice President Nuclear Oversight, James von Suskil speaks during a scheduled refueling outage on Unit 2 at the South Texas Project nuclear power facility Thursday, April 2, 2015, in Wadsworth.
( James Nielsen / Houston Chronicle )

NRG stock drops sharply after earnings loss

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NRG’s stock briefly dipped below $20 a share Tuesday for the first time since 2012 but jumped back up in the afternoon.
(Jason Alden/Bloomberg)

Texas grid operator asks consumers to limit electricity use after record-breaking demand on Wednesday

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Parts of the country, including Texas, were sweltering under a heat wave on Wednesday, with about 35 million people subject to heat advisories.
A wind farm in West Texas, outside of Roby. (photo courtesy Rational Middle Media)

One of Texas’ biggest winds farms is getting an upgrade

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North Carolina-based Duke Energy said it will replace the wind farm’s lead acid battery storage system with lithium-ion technology in 2016 for better performance. Duke owns the Notrees Windpower Project that includes 95 wind turbines and generates 153 megawatts of electricity — enough to power 46,000 homes.
(AP Photo/Paul Sakuma)

Calpine adds two new top executives

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The Houston-based power company named W.G. “Trey” Griggs III as its new executive vice president and chief commercial officer. Griggs was a managing director at Goldman Sachs & Co. In his new position at Calpine, Griggs will oversee the trading, origination, development and commercial analytics groups and report to CEO Thad Hill.
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Commentary: ERCOT, Peaker Net Margin, Electric Prices and Why You Should Care

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A drop in wholesale electric prices has prompted an important discussion at ERCOT about assumptions it uses when monitoring the state’s power market. Changing those assumptions could impact how much we all pay for electricity.
Business deal finalized, congratulations!

Dynegy gets federal OK to buy Duke, Energy Capital plants

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In buying the units, which sell power in competitive wholesale markets, Dynegy will nearly double the company’s electricity generation capacity.
Delegates attend an economic conference, in Sharm el-Sheikh, Egypt, Saturday, March 14, 2015. Egypt raked in promises of more than $12 billion in investment and aid from its Gulf Arab allies on Friday, kicking off an international conference aimed at rescuing the country's gutted economy and giving a political boost to its soldier-turned-president. President Abdel-Fattah el-Sissi made his case for the world's support, depicting Egypt as vital to regional stability and a bulwark against Islamic militancy. (AP Photo/Hassan Ammar)

Businesses upbeat on Egypt’s chances at investment meeting

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Saturday’s focus shifted to the private sector, with several companies announcing agreements, including some from Germany’s Siemens AG that were the largest single package signed at the three-day conference.
(Jason Alden/Bloomberg)

Texas grid can handle the heat, operator says

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Texas power plants should be able to meet spring and summer electricity demand, the state’s grid operator said Monday.
Categories: Electricity, General