The ongoing legal war of many fronts among Dallas-based Luminant, the state of Texas, the EPA and environmentalists is mostly a war of incremental victories.This week, EPA arose victorious. Next month or year? Anybody's guess. Just know that this time, nobody (except the EPA) is totally happy with t ... More >>
Aurelius Capital Management, a multibillion-dollar hedge fund and perpetual pain-in-the-ass for distressed companies like Dallas-based Energy Future Holdings, sued the massive utility in federal court Tuesday for $725 million. It claims Energy Future made some sweetheart intra-company loans even as ... More >>
Just in case all this temperate whether has lulled you into the perception that the Texas power grid doesn't have the thinnest margin of safety between lights on and lights out anywhere in the country, here's a reminder: Summer is coming. ERCOT, the grid operator for most of Texas, says the odds th ... More >>
Gerry Cauley, the chief executive of the North American Electric Reliability Council, the national, industry-funded grid-integrity watchdog, is pretty worried about Texas. Power-reserve margins here have slipped below the levels recommended to meet peak demand, and future projections show it will on ... More >>
Here we are, some 10 years into the deregulation of the Texas electricity grid, and a crisis approaches. Supply, it is predicted, will not keep pace with demand in the very near future. Generators say electricity prices are simply too low to justify the financing of new power plants. In fact, in at ... More >>
Wind, sun and bullshit: Texas has plenty of all three, and we've done a good job converting wind to electricity. So, why hasn't the sunny Lone Star State done more to create more power from the sun? Well, you could blame the bullshit. Today in Austin, The Clean Energy Works for Texas coalition, a ... More >>
If your debate-watching drinking game included a shot for each use of the word "coal," you either peed on your roommate's couch or had your stomach pumped. Or both. The primitive fuel was invoked some 22 times, apparently, mostly by Republican presidential candidate and former Massachusetts Governor ... More >>
Rock-bottom natural gas prices have forced the wonks over at the Brattle Group to revise their national prediction for the number of coal-fired power plants likely to retire in the coming years steeply upward. And when we say steeply, we mean by some 25 gigawatts, or roughly enough electricity to po ... More >>
We haven't checked in on our favorite congressman, Representative Ralph Hall (R-Antediluvian Era) lately. Not since he dove from a functioning aircraft dressed in nothing but a form-fitting American flag. Turns out, he's been rummaging through a dusty, cobwebbed steamer trunk stuffed with contracept ... More >>
The swaths of land that run underneath Oncor's electric transmission lines are in many ways ideal spots for jogging trails. They stretch for miles, are largely free of obstructions and are controlled by a single entity, eliminating the types of property issues that would make construction anywhere e ... More >>
A split three-judge panel of a federal appeals court rejected an EPA rule that would curb the drift of harmful power plant pollutants across state lines. The agency, the majority ruled, had overstepped its authority under the Clean Air Act. The legal challenge was mounted by a number of states and ... More >>
Mitt Romney did himself no favors in Iowa when a spokesman told the Des Moines Register the candidate would "allow the wind credit to expire, end the stimulus boondoggles and create a level playing field on which all sources of energy can compete on their merits." In Iowa and much of the Midwest, t ... More >>
You might have already figured this out given the perennial threat of rolling blackouts and grid operator ERCOT's own admission that, come 2013, there won't be sufficient wattage to cover peak demand, but the state's electrical grid isn't the best. In fact, as the Texas Tribune reports today, it's t ... More >>
Dallas-based Luminant, the electricity generation arm of Energy Future Holdings, got hit with a violation notice from the EPA Friday, accusing it of completing major modifications to its northeast Texas coal-fired plants, Big Brown and Martin Lake, without installing modern pollution control devices ... More >>
Texas electricity regulators voted today to raise the price cap on wholesale electricity from $3,000 to $4,500 per megawatt hour -- the equivalent of powering roughly 330 homes for one hour -- by Aug. 1. It's only June and already the electrical grid is being tested by record peak demand, prompting ... More >>
Dallas-based Luminant, the electricity generation arm of Energy Future Holdings, and a number of other utilities that own coal-fired fleets are attempting to head off an EPA rule that would curb the amount of nervous system-disrupting mercury, cancer-causing dioxin, arsenic and lead emitted from the ... More >>
Here's a question for all you MBAs in Unfair Park Land: Why would an independent retailer operating in a free, deregulated market want the state to take steps to suddenly raise the retailer's costs? For example, say you own a mom-and-pop store that sells tomatoes. The government suddenly wants to i ... More >>
Regulators are absolutely desperate to keep us away from that white-knuckle precipice of rolling blackouts we so perilously toed last summer. And they're willing to try anything to entice electric generators to build more power plants and bring existing plants out of mothballs in the meantime. The ... More >>
Dr. Michael Economides, author, CNBC regular and University of Houston professor of chemical and biomolecular engineering, says Texas lost out on some $7.7 billion between 2005 and 2011 primarily because we didn't use natural gas for electricity. Economides, it should be noted, is a vocal industry ... More >>
Some 10 years ago, commodities and energy company Enron led a successful lobbying effort to deregulate Texas electricity markets. A free-market, we were told, would foster competition, keep power prices low and improve customer service. Yet over the last decade, none of these promises have been kept ... More >>
As Brantley pointed out yesterday, the Texas Public Utility Commission got down to hard numbers last week as it inched further toward what appears to be inevitable -- a huge increase in the current $3,000 per megawatt-hour cap on the price of wholesale electricity during times when demand is high. T ... More >>
The Texas Public Utility Commission is finally spitballing dollar figures for just how high they're willing to let wholesale electricity prices spiral when weather extremes send us to our thermostats. For the moment, we're sitting at $3,000 per megawatt-hour. To keep the lights from going out (ERCO ... More >>
A company that supplies electricity to Texans called American Electric Power filed to renew its application to export electricity to Mexico with the U.S. Department of Energy back in December. It operates a 720-megawatt coal-fired power plant near Vernon, and apparently it has been supplying our so ... More >>
Texas is in a tight spot. Electric supply simply isn't keeping up with consumer demand in a state bursting at the seams. By 2013, grid operator ERCOT predicts we won't have enough to cover peak demand, when we're all sweating and dashing for our thermostats. Summer 2012, on the other hand, will be ... More >>
Coal-fired power plants generated some 30 percent less electricity in January than they did during the same month in 2011 -- a huge drop for a a workhorse fleet that has historically fed this state's sprawling transmission system with a steady supply of baseload power since pretty much forever. Pro ... More >>
Energy Future Holdings' end-o'-year popped up on the U.S. Securities and Exchange Commission's website late Tuesday, and, boy, is it ugly. Now, why should you care? Because Energy Future is the parent company of Luminant, Texas's biggest generator of electricity. And TXU Energy, a huge retail suppli ... More >>
Council member Delia Jasso is officially disturbed by ERCOT's charts, particularly the bar graph showing a big gray empty space between the reserve margin we need to make sure the lights stay on during hot summer afternoons and the colored part that indicates how much generation capacity we'll actua ... More >>
We watch a three-hour House State Affairs Committee hearing so you don't have to! Seriously, though, the future reliability of the Texas electrical grid is really starting to freak state legislators the fuck out. The watchword these days is "resource adequacy" -- bureaucrat-ese for "Remember those o ... More >>
Big BrownThis little nugget slipped past us last week -- somehow, it didn't make headlines north of Austin -- but it draws the Texas Commission on Environmental Quality into a legal tussle with the Sierra Club and the Environmental Integrity Project over pollution permits it issued to Dallas- ... More >>
In the rarefied halls of Cornell, the atmospheric-science equivalent of the gauntlet has been thrown. At stake is nothing less than the suitability of one of the most plentiful, domestically producible forms of energy in North America to replace a fuel speeding climate change and emitting tons of kn ... More >>
Get ready for more rolling blackouts, because according to a grid reliability report, Texas won't have the juice to meet peak demands by 2013. The study, authored by grid reliability enforcer North American Electric Reliability Corporation, says Texas operators may either bring old plants offline a ... More >>
Check me on this. Dallas Area Rapid Transit, the outfit that runs the trains, didn't know how to keep their trains running in an ice storm. The same kind of trains operate in winter weather cities all over the world. There's a way to keep them running in an ice storm. But DART didn't know how. L ... More >>
Lower Colorado River AuthorityA new Sierra Club report says coal ash from Central Texas' Fayette Power Plant is polluting the groundwater nearby.One month since the EPA's stolid road warriors blew threw Arlington to get your thoughts on pollution from gas drilling, the agency's making its triumph ... More >>
Banana Leaf
Want cheaper electricity? Get out your calculator and call a lawyer.
Texas consumer advocates worry that deregulation will spawn new ways to prey on the poor
Find everything you're looking for in your city
Find the best happy hour deals in your city
Get today's exclusive deals at savings of anywhere from 50-90%
Check out the hottest list of places and things to do around your city
