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Texas
United States
New Study by Leading Renewables Consultant ArcVera Shows Texas Icing Event Led to Over $4 Billion Financial Loss for Wind Farms
Study points to shortcomings in the hedged financial structures, with asymmetric price risk leading to significant losses for wind farm operators and gains for …
Solar Power Plant
Samsung Unit Considers Developing $673 mln Solar Plants in Texas
A unit of Samsung C&T Corp is considering developing solar power plants worth $673 million in the U.S. state of Texas
Energy Security
Texas House Targets Power Grid Flaw that Cut Electricity to Natural Gas Facilities and Worsened February Blackouts
The lower chamber gave initial approval Monday to a series of bill responding to this year’s catastrophic power outages during a deadly winter storm.
Oil&Gas Drilling
Texas Regulator Issues Nearly 800 Drilling Permits
The Railroad Commission of Texas reported late last week that it issued a total of 798 original drilling permits in March 2021, which amounts to 54 more permits…
Solar Power Plant
Construction Begins on the Largest Solar Facility in Texas
In the southeastern US state of Texas, surrounded by farmland, Rosendin’s Renewable Energy Group has begun building the largest solar power project in the stat…
Wind Power Project
Ørsted Commences Construction of Largest Onshore Wind Power Project
Ørsted announces final investment decision on the combined wind and solar PV project Helena Energy Center in South Texas and integrates the US trading team int…
Natural Gas
Buffett Proposes 10 GW In New Gas Plants For Texas
Warren Buffett's investment company Berkshire Hathaway has proposed a plan for boosting Texas' energy security: building 10 GW in new natural gas-fired generati…
United States
Third Energy Firm Declares Bankruptcy in Texas Snow Storm Fallout
Griddy Energy, the Texan energy supplier that encouraged customers to leave its service during recent snowstorms, has become the third energy firm in the state …
Energy Storage Technology
Wartsila Supplies 200MW Texas Storage Double
Wartsila is to supply energy storage technology totalling 200MW for two projects in the US state of Texas.
Natural Gas
Texas Freeze Caused Record Gas Spot Prices and Outages
In the wake of a February winter storm that left Texans reeling from freezing temperatures and failed power generation units, reports are starting to publish da…
Power Construction
ERCOT Overcharged Power Companies $16 billion for Electricity During Winter Freeze, Firm Says
An independent market monitor for the Public Utility Commission of Texas wrote in a letter that the power grid operator kept market prices too high for nearly t…
Crude Oil
Oil Extends Gains on OPEC+ Supply Restraint, Expected Demand Recovery
U.S. West Texas Intermediate crude futures climbed 17 cents, or 0.3%, to $64.00 at 0128 GMT, holding below a 13-month high hit on Thursday.
United States
Small-Scale Solar Installations Boom In Texas And Florida
Small-scale solar installations in Texas and Florida have been rapidly growing in recent years.
Videol: Climate Lessons Learned From the Texas Deep Freeze
As the world goes electric, what happens when the grid fails?
United States
Texas Power Cooperative Files For Bankruptcy
Brazos Electric Power Cooperative Inc., a power supplier in Texas, has filed for bankruptcy protection in the wake of the energy crisis brought on the state by …
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