(Bloomberg) A power trader is challenging Texas regulators over a new policy he says led to billions of dollars in higher wholesale electricity prices.Most Read from BloombergMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillS&P 500 Set for Worst CPI Day Since September 2022: Markets WrapPutin Seeks Revenge on a World Order He Once Wanted to JoinRetail Traders Are Losing Billions in India’s Booming Options MarketTrump Asks Supreme Court to Keep DC Election Trial on HoldIn a notice of
Power Trader Challenges New Texas Grid Policy Over Price Spikes bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Texas grid officials received repeated warnings last summer that their efforts to shore up the state’s increasingly strained electric grid risked driving up power prices, records show. Most Read from BloombergTrump Denied Immunity in DC Election Case by Appeals CourtXi to Discuss China Stocks With Regulators as Rescue Bets BuildWall Street Snubs China for India in a Historic Markets Shift‘Money Dysmorphia’ Traps Millennials and Gen ZersChina Replaces Top Markets Regulator as Xi Tr
Officials in Texas were repeatedly warned that the new Electric Reliability Council of Texas (ERCOT) rules about backup power capacity from last summer would be expensive and could drive up electricity prices
Texas grid officials received repeated warnings last summer that their efforts to shore up the state's increasingly strained electric grid risked driving