State leaders have pointed fingers at everything from windmills to the bureaucrats at ERCOT. But the real issue is the electric grid’s reliance on a lightly regulated natural gas production industry. et the Yankee bastards freeze in the dark” was a popular refrain among Texans in the seventies,...
As thousands of oil and gas jobs disappeared during the oil price and demand crash last year, more and more former oil workers moved to jobs in the clean energy business, but they have also taken a pay cut moving to renewables as the industry still pays lower than oil and gas. During the worst of...
Texas Gov. Greg Abbott on Tuesday announced that he would lift all capacity restrictions for businesses amid the coronavirus pandemic, as well as end the state mask mandate. Austin's restaurant community was swift to react. Abbott, in lifting the restrictions, cited declining hospitalizations...
“The decade of geothermal” is a phrase that is becoming increasingly common in media and energy industry gatherings as the international zero-emission push comes to include one of the most fascinating—and clean—ways of extracting energy from the earth: geothermal power. To reach the heat that the...
Company's filing cites disputed 1.8B bill from state's grid operator HOUSTON - Texas’s largest and oldest electric power cooperative on Monday filed for bankruptcy protection in federal court in Houston, citing a disputed $1.8 billion bill from the state’s grid operator. Brazos Electric Power...
Environmental, social, and governance investment is inarguably one of the hottest trends in financial markets. Investors are pressuring companies into reducing their carbon footprint, and asset managers and banks are devising ways to maximize this pressure to drive emissions down. The ESG trend...
Griddy, the power company that charged customers as much as $450 per day for electricity during the catastrophic winter storm last week, has been banned from the state’s power market. The Electric Reliability Council of Texas, which regulates the state energy grid, brought the hammer down on the...
The impact of the recent cold blast across Texas’ oil and gas value chain figured prominently in energy news last week, and a review of the most popular articles among Rigzone’s downstream audience is no exception. Below are three of last week’s top downstream-related articles based on pageviews....
As plumbers and plumbing parts are scarce after last week’s freeze, some Houstonians took matters into their own hands to get what they needed. On Thursday during the storm, the pipes at Scott and Julie Kenney's home burst, flooding parts of it. That evening, the same thing happened to their...
The six resignations were finalized after an urgent board meeting on Wednesday morning. Six board members of Texas' power grid operator have resigned after last week's blackouts left millions of people without electricity in brutal winter weather. The board chairwoman and vice chairman of the...
NEW YORK/HOUSTON, Feb 21 (Reuters) - The largest U.S. oil refiners released tons of air pollutants into the skies over Texas this past week, according to figures provided to the state, as refineries and petrochemical plants in the region scrambled to shut production during frigid weather....
Outages took oil production offline to the tune of 4 million barrels per day during the worst of the storm. By now, the lights are back on for most Texans as the Electric Reliability Council of Texas, or ERCOT, says power supply now exceeds demand. Still, as the dust settles after a chaotic week...