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Tri-County Electric CEO anticipates lower rates resulting from Brazos Electric Co-op bancruptcy

The CEO of Tri-County Electric Cooperative, the electric provider for much of rural Parker County, said last week the newly settled bankruptcy of its sole power source should bring lower ....

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Tri-County Electric CEO anticipates lower rates resulting from Brazos Electric Co-op bancruptcy

The CEO of Tri-County Electric Cooperative, the electric provider for much of rural Parker County, said last week the newly settled bankruptcy of its sole power source should bring lower ....

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Climate and Credit Risks Collide in the Aftermath of Uri

By Bob Smith, Sage President & CIO
According to a recent letter written to the Texas Public Utility Commission (PUC) by Potomac Economics, the Electric Reliability Council of Texas (ERCOT) made a $16 billion error in pricing during the week of Winter Storm Uri. This reportedly occurred because the PUC directed the grid operator to set wholesale power prices at $9,000 per megawatt hour for two days during the storm the maximum market price allowed. Retail power providers then bought power from the wholesale market to deliver to consumers, because they were contractually obligated to do so. Because ERCOT failed to bring prices back down on time, those companies had to buy power in the market at extremely inflated prices. ....

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'Texas energy crisis' shows similarities to 1970s oil shortage

Texas energy crisis shows similarities to 1970s oil shortage
David J. Phillip/AP
Power lines are shown Tuesday, Feb. 16, 2021, in Houston. More than 4 million people in Texas still had no power a full day after historic snowfall and single-digit temperatures created a surge of demand for electricity to warm up homes unaccustomed to such extreme lows, buckling the state s power grid and causing widespread blackouts. (AP Photo/David J. Phillip)
and last updated 2021-03-16 08:37:31-04
DALLAS/AUSTIN, TX â The similarities between our deep freeze problems and the national shortage of gas and oil in the 1970s goes well below the surface. ....

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A Climate Black Swan: The Lessons Learned from Uri

A Climate Black Swan: The Lessons Learned from Uri
etftrends.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from etftrends.com Daily Mail and Mail on Sunday newspapers.

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