A firm hired to monitor Texas’ power markets says the region’s grid manager overpriced electricity for almost two days during last month’s energy crisis, resulting in $16 billion in overcharges.
The recently ousted CEO of the entity that maintains and operates much of Texas's electricity grid has told its board of directors he will not accept
The Electric Reliability Council of Texas CEO Bill Magness was removed from his post Wednesday. He informed the organization he will not accept his $800,000 severance.
In an exclusive interview, former Gov. Pat Quinn shares his thoughts on the utilities crisis that left millions without electricity, heat or water in Texas for days and the lessons he says Illinois legislators should learn from the experience.