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Europe: +44 (0) 207 198 1634 Equities and the Economy Just as generals ordered their men in the Civil War to “hold the line” so did the S&P 500 1,862 to 1,869 “line” of support hold with equities strongly bouncing off that level and putting in a great performance yesterday. The Dow rose a big 282 points, 1.77%, finishing at 16,167, […]
ERCOT reported a 2.2% increase in energy usage within its region of Texas in 2015, fueled by a record-breaking summer that brought a new peak demand record approaching 70,000 MW. The Texas grid operator released a report Jan. 15 that indicated the system consumed 347,522,945 MWh of electricity last year, nearly 7.5 million MWh more than in […]
Reliable electricity is the expectation of Texas consumers. The strength and reliability of the electrical grid are the lifeblood of our strong Texas economy. As the Public Utility Commission (PUC) considers a bid by Hunt Consolidated Energy to purchase the state’s largest electric transmission and distribution company, Oncor, I am very concerned the Hunt proposal, […]
Wind generation in November blew through a 31-month-old record share of total energy in the Electric Reliability Council of Texas, a new report shows, and an expert said it contributed to ERCOT’s low on-peak power prices that month. Wind farms supplied 18.4% of the independent system operator’s total load in November, compared with October’s 12.3%, […]
Texas’ electric grid is expected to hold up even better than initially expected in the upcoming, rainier-than-usual winter months , according to the agency that manages nearly 90 percent of the state’s grid. The Electric Reliability Council of Texas is projecting to have more power capacity in reserve than originally anticipated thanks to more wind […]
The City of Dallas has yanked the title of top green power user from Houston, according to the federal Environmental Protection Agency. The EPA on Monday said the City of Dallas is now the largest local government user of green power in the nation, taking the top spot away from the City of Houston, which still […]
The Texas electric grid hit a new record for wind power use early Thursday, as the state continues dominating the rest of the nation in wind farm growth. At 12:30 am Thursday, the main Texas grid operator reported that nearly 37 percent of demand was met with wind power. The Electricity Reliability Council of Texas, […]
Wind farms in the Electric Reliability Council of Texas’ footprint set a new output record of 11,467 MW at 10:56 pm CDT Sunday (0356 GMT Monday), the grid operator said Monday. ERCOT’s previous wind generation output record was 11,154 MW, set on February 19. Texas has the highest installed wind capacity of any state in […]
An alert calling for electricity conservation was issued Thursday to help protect the stressed Texas electric grid. The Electric Reliability Council of Texas is asking electric consumers to limit their electricity usage today during the peak hours of 3 p.m. to 7 p.m. The string of 100-degree-plus days led to record-setting power demand on three […]
