The Texas grid operator is seeking to secure an extra 3,000 megawatts of power reserves this winter to avoid an “unacceptable” risk of an emergency in extreme conditions. The Electric Reliability Council of Texas estimates that there is an almost …
U.S. power companies are facing supply crunches that may hamper their ability to keep the lights on as the nation heads into the heat of summer and the peak hurricane season. Extreme weather events such as storms, wildfires and drought …
Power demand in Texas is set to break the all-time record this week, far ahead of the hottest days of summer, testing the resilience of the power grid after generation issues earlier this year and days-long blackout during a deep …
A lawsuit filed by 131 insurance companies alleges that negligence by the organization that operates Texas’ electrical grid and power companies caused electricity outages during the deep freeze last February that burst pipes and shut down power across the state …
The Texas power grid operator forecast demand would reach its highest in 2021 on Wednesday and Thursday as homes and businesses crank up their air conditioners to escape another heatwave. The grid, however, also forecast power use would reach that …
Berkshire Hathaway Inc on Saturday defended its $8 billion proposal to build natural gas plants in Texas to help reduce the threat of devastating blackouts such as those in February. “When you look at the power sector (in Texas), it …
The largest power generation and transmission cooperative in Texas filed for bankruptcy in the wake of power outages that caused an energy crisis during the winter freeze last month. Brazos Electric Power Cooperative filed for Chapter 11 in Texas after …
Texas state lawmakers on Thursday dug into the causes and cast blame for deadly power blackouts that left millions shivering in the dark as frigid temperatures caught its grid operator and utilities ill-prepared for skyrocketing power demand. Dual hearings in …
Successful subrogation against power companies is not a given. In determining whether the Electric Reliability Council of Texas (ERCOT) may be sued for its clear negligence in failing to properly winterize power production facilities and the power grid that it …