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Wikimedia Commons The Daniel-Johnson Dam in Quebec, Canada, is the largest arch and buttress dam in the world. For the past month Maine lawmakers have been considering a slate of bills that could sideline Hydro-Quebec from an upcoming referendum on Central Maine Power s highly controversial transmission project. The legislation centers on whether a company wholly owned by the Quebec provincial government should be allowed to spend money to influence Maine voters in the campaign. But the debate is actually bigger than that, and it has drawn the attention of national groups seeking to beat back the tidal wave of corporate election spending that was unleashed by the U.S. Supreme Court s decade-old Citizens United decision. ....
Texas Power Crisis led to over $1 billion loss for Vistra The company will likely suffer a one-time hit of $900 million - $1.3 billion from the storm. PUBLISHED BY The winter storm that has devastated Texas, leading to power outages, water shortage, and heating troubles, will affect the electricity bills of consumers and suppliers both. Vistra, the largest independent power producer in the US, has estimated that it will suffer losses worth $1.3 billion for purchasing power from the state’s power market to replace the loss of generation capacity due to the ongoing Texas Power Crisis. The company reported the loss during its 2020 financial report presentation. The management says the company will likely suffer a one-time hit of $900 million – $1.3 billion from the Texas Power Crisis. ....
Published: Wednesday, February 24, 2021 People lining up to get clean water in Austin, Texas. Photo credit: Mario Cantu/Cal Sport Media/Newscom People waited in line for free potable water at a brewery in Austin, Texas, Friday after freezing weather caused millions of Texans to lose electricity and clean water. Mario Cantu/Cal Sport Media/Newscom Furor over last week s Texas power crisis showed no sign of subsiding yesterday as five grid directors announced plans to resign, financial troubles mounted and President Biden scheduled a Houston visit to mark the disaster. Even with power back for most Texans, many are struggling to find available workers who have the supplies to fix broken pipes and repair water damage in the wake of subfreezing temperatures and lost electricity. ....