A Giant Flaw in the Texas Blackout: It Cut Power to Gas Supplies
When the Texas power grid was on the brink of collapse and its operator plunged thousands into darkness, it didn’t make an exception for the oil and gas field. Power Continue Reading
Texas Grid Failure Stirs Feud Between Cities and State
For the Republicans who have run Texas state government for years, trying to undermine the Democrats who lead the state’s largest cities has been a blood sport for years. They Continue Reading
Duke Mulls New Gas Plants That Would Close Early on Climate Goal – Bloomberg
Duke Energy Corp. is considering building as many as 15 new natural gas units even as the company commits to eliminating carbon emissions by 2050. In order to still meet its Continue Reading
Dominion Energy plans to spend $72 billion on decarbonization by 2035
Designed to drive 10% annual return Offshore wind, solar are big components Quarterly earnings down on year Dominion Energy’s planned $72 billion capital investment in decarbonization by 2035, touted as Continue Reading
US West power prices rally on winter weather set to impact the region
Power prices soared double digits throughout the West Feb. 11 as frigid arctic air brought winter weather warnings Receive daily email alerts, subscriber notes & personalize your experience. Register Now Continue Reading
American Utilities Are Getting Pummeled By Unpaid Bills
Since the onset of the pandemic, millions of Americans have been struggling with paying rent and utility bills, putting a strain on power utilities’ revenues and raising the question about Continue Reading
Duke Energy Customers Could Pay $5 Billion For Stranded Plants
Customers of Duke Energy in the Carolinas could end up paying more than $4.8 billion for planned natural gas-fired capacity that could become stranded as part of the company’s pledge Continue Reading
After Shortages, Pakistan Suddenly Has Too Much Electricity – Bloomberg
After spending decades tackling electricity shortages, Pakistan now faces a new and unfamiliar problem: too much generation capacity. The South Asian nation’s power supply flipped to a surplus last year Continue Reading
US Gas-Fired Power Generation Set For First Drop Since 2017
Higher natural gas prices this year are expected to result in the first annual decline in U.S. gas-fired electricity generation since 2017, the U.S. Energy Information Administration (EIA) said on Continue Reading
Toshiba develops new magnetic material that delivers improved motor energy conversion efficiency
Toshiba Corporation has developed a new magnetic material with characteristics that deliver major improvements in motor efficiency at minimum cost, and with the potential to win significant reductions in power Continue Reading