Posted on · The state power grid operator has been run by an interim chief since the previous CEO was fired following the deadly 2021 winter storm that crashed much of the grid.
Posted on · The cost of electricity in Texas is tightly tied to the price of natural gas, which has more than doubled since Russia invaded Ukraine in late February.
Posted on · Climate change and other factors are shortening the window when aging Texas power plants can make repairs to run at full strength in hot summer months.
Posted on · Texas-based ConocoPhillips bought Shell’s Permian Basin assets for $9.5 billion, its second major purchase in the oil-rich area over the last year.
Posted on · Texans were asked to cut back on their electricity use for a week because of “tight” power grid conditions, according to ERCOT officials. They still haven’t said what caused the plant outages.
Posted on · The Texas House and Senate both approved negotiated versions of Senate Bill 2 and Senate Bill 3, the two sweeping bills to change the state’s power grid and the people who oversee it.
Posted on · Bill Magness is the latest official to depart following the winter storm catastrophe.
Posted on · Arthur D'Andrea replaces DeAnn Walker, who resigned earlier this week as chair of the Public Utility Commission. The governor appoints commissioners to lead the PUC, which oversees the state’s grid operator, the Electric Reliability Council of Texas.
Posted on · Five board members, including the chair, who do not live in Texas will resign. A candidate for another position on the board has withdrawn his application. The vacancies will not immediately be filled.
Posted on · Some utility companies that deliver electricity to Texans are telling customers to expect power outages through Monday night and potentially into Tuesday.
Posted on · President Donald Trump has suggested he will veto COVID-19 aid legislation, creating uncertainty about when assistance may reach Americans. Meanwhile, Texans are living in cars and the state is sitting on unspent relief money.
Posted on · Despite details released from the Paycheck Protection Program this week, a full snapshot of the program remains unclear.
Posted on · President Donald Trump's comments doubled as part campaign speech, part policy announcement, as polls continue to show a close competition with presumptive Democratic nominee Joe Biden in the once-solidly red state.
Posted on · Abbott has said the actions of his executive order "are essential to our mission to swiftly contain this virus and protect public health."
Posted on · Until now, the state’s worst-ever monthly unemployment rate was 9.2% in November 1986, as Texas reeled from the last big oil bust. A combination of the coronavirus pandemic and a contracting energy industry are expected to slow Texas' economic recovery.