The Texas grid operator has been in talks with financial institutions, including Goldman Sachs Group Inc., about possible financing options to address a deficit of more than $ 3 billion in electricity …
Read More »Texas Power Market Short of $ 2.1 Billion in Payments After Freeze
The financial consequences of the Texas blackouts are beginning to emerge in the state’s electricity market, with some players not paying for the power they bought last week and others revealing sizable …
Read More »Power outage and boil warnings continue for many Americans as the second storm hits the East Coast
A new winter storm hit much of the US with snow, freezing rain and extreme temperatures Thursday, while hundreds of thousands of Americans were without power and millions of Texans were under …
Read More »Why is Texas experiencing power outages?
Millions of Texans were without power Wednesday morning, although temperatures rose above freezing in half the state, a possible sign that the state’s power grid could make significant progress in restoring service. …
Read More »Natural gas prices soar amid frigid US temperatures, while oil remains at January 2020 highs
Natural gas futures were leading a surge in energy prices across the board Tuesday as large swaths of the US struggled with freezing temperatures and blackouts hit multiple states. Natural Gas Futures …
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