Huge natural gas bills incurred during the Texas freeze have sparked a series of lawsuits across the country as companies argue over who is responsible for the bill. At least 30 lawsuits …
Read More »Solar Stocks Sink Under Proposed Changes to California Rules
Text size Joe Raedle / Getty Images Federal subsidies have made installing solar panels on your roof more affordable over the past decade. But state-by-state rules are important too, and a potential …
Read More »Texas grid operator discussed financing with Goldman as power buyers resist payment shortfall
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 »The Fukushima nuclear cleanup just begins a decade after the disaster
A solution to the crisis at the Fukushima Daiichi nuclear power plant remains a distant goal a decade after three of its reactors melted. The most challenging part of the cleanup – …
Read More »Japan’s tsunami and nuclear disaster sparked a $ 300 billion effort to rebuild an interior
In the decade since the strongest earthquake in Japan’s history triggered a 32-foot tsunami to hit the east coast, the cleanup effort has become one of the most expensive in the world, …
Read More »Texas chooses not to fix $ 16 billion power surge
The Texas Public Utilities Commission said Friday that it did not intend to reverse $ 16 billion in electrical surcharges that an independent market monitor had noted as a result of week-long …
Read More »Texas power grid CEO fired in the wake of massive storm outages
The Electric Reliability Council of Texas (ERCOT), the grid operator for most of the state, fired its CEO, Bill Magness, on Wednesday in the wake of massive blackouts from the winter storm …
Read More »Nuclear Power Prospects Chill A Decade After Fukushima Collapse
OMAEZAKI, Japan – At a seaside nuclear power plant, a concrete wall that stretches a mile along the shoreline and rises 73 feet above sea level offers protection against almost any tsunami …
Read More »CPS Energy Faces Billion Dollar Bill for Winter Weather Energy Crisis
SAN ANTONIO – CPS Energy and its customers could face a billion-dollar bill from February’s weather-related energy crisis, though utility officials say they are doing everything they can to protect customers. CPS …
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 …
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