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After a fiasco, California aims again at remaking power grid

​Two decades ago, when California deregulated the delivery of electric power, lawmakers, regulators and even some environmentalists hailed the decision as a way to lower consumers’ bills. The strategy proved disastrous......»»

Category: topSource: bizjournalsJul 20th, 2018

Texas Faces New Power Crisis: Prices Soar 10,000% As ERCOT Urges Power Conservation Amid Grid "Emergency"

Texas Faces New Power Crisis: Prices Soar 10,000% As ERCOT Urges Power Conservation Amid Grid 'Emerg.....»»

Category: personnelSource: nytApr 14th, 2021

Officials built a chain-link fence around a California restaurant that defied lockdown, and arrested its co-owner 3 times - but it says it will keep serving diners

California authorities had already cut off power to Tin Horn Flats, and arrested one co-owner three times, but it kept serving diners. California Gov. Gavin Newsom. AP .....»»

Category: topSource: businessinsiderApr 12th, 2021

10 Things in Politics: GOP"s new power base is in South Florida

And who's behind efforts to recall California Gov. Gavin Newsom. A Trump supporter in Miami after the 2020 election. Eva Marie Uzcategui Trinkl/Anadolu Agency via Getty Images Good morning! If this .....»»

Category: topSource: businessinsiderApr 12th, 2021

California aims to fully reopen its economy June 15

California aims for a full reopen.....»»

Category: topSource: latimesApr 6th, 2021

California aims to fully reopen the economy June 15

Officials emphasize that California's widest reopening hing.....»»

Category: topSource: latimesApr 6th, 2021

The Texas Storm: Understood With Peter Kelly-Detwiler

ERCOT CEO, Bill Magness, who heads the Electric Reliability Council of Texas – the organization overseeing the power grid for most of the state – indicated that the grid was “m.....»»

Category: blogSource: valuewalkApr 5th, 2021

Apple is using Tesla batteries to build a new energy storage facility for its giant solar farm in California

Apple says it will be able to store enough energy to power 7,000 homes for a day with the batteries. Tesla CEO Elon Musk (left) and Appl.....»»

Category: smallbizSource: nytApr 1st, 2021

Buffett Proposes A $8.3 Billion Fix For The Texas Power Grid... There Is Just One Catch

Buffett Proposes A $8.3 Billion .....»»

Category: dealsSource: nytMar 26th, 2021

Column: A lawsuit aims to stop private firms from claiming copyrights on California laws

Even .....»»

Category: topSource: latimesMar 18th, 2021

Need help paying rent? California is accepting rental relief applications

California on Monday opened applications for a rent relief program that aims to help those most affected by the pandemic. Funds from the program could wipe away rent debt accumulated by low-income tenants through .....»»

Category: topSource: latimesMar 15th, 2021

A California city cut off power to a restaurant that refused to close during the pandemic - but the restaurant says it will use backup generators to keep serving diners

Tinhorn Flats said it would continue to defy public health rules, using its own generator to serve.....»»

Category: topSource: businessinsiderMar 15th, 2021

Abbott: Legislative session ‘will not end’ until lawmakers address Texas power outages

Addressing the state's power grid is a priority during this legislative session. The governor wants legislators to look at reforming ERCOT, which operates the state's grid, and to examine billing errors......»»

Category: topSource: bizjournalsMar 12th, 2021

Texas Governor makes correcting power grid operator"s billing "emergency" item

Abbott said he wants the legislature to take action in its upcoming session to reduce emergency power pricing put in place by ERCOT.....»»

Category: topSource: foxnewsMar 10th, 2021

Texas monitor says state power-grid operator overcharged $16 billion in electricity bills during power outages

The report also recommended that the inflated charges be reversed, and the Public Utility Commission will discuss actions on Friday. Natur.....»»

Category: smallbizSource: nytMar 5th, 2021

Texas watchdog says grid operator made $16-billion error

A firm hired to monitor Texas' power markets says the region's grid manager overpriced electricity over two days during last mont.....»»

Category: topSource: latimesMar 4th, 2021

The Wall Street Journal: Texas overcharged $16 billion for power during last month’s crisis, monitor says

An independent market monitor said the Texas power-grid operator made a critical mistake that resulted in $16 billion in electricity overcharges last month, and recommended that the charges be reversed......»»

Category: topSource: marketwatchMar 4th, 2021

Harris County Commissioner on who to blame for the Texas power failure, how residents are still digging out from the crisis, and how Houston could break free from the state grid

Adrian Garcia spoke to Insider about what Houston residents are struggling with after the freeze and who s.....»»

Category: topSource: businessinsiderMar 4th, 2021

One of Texas" most prominent left-leaning economists knows exactly why its power grid failed

Texas' deregulated electricity system worked much of the time, but failed when needed most. UT's James K. Galbraith says policymakers failed, too. Power lines in Texas City, Texas. THOMAS SHEA/AFP via Getty.....»»

Category: topSource: businessinsiderFeb 24th, 2021

Five of Texas"s ERCOT board members resign after massive power grid outage during winter storm

Last week, the board was criticized after it was reported that a third of the fifteen members.....»»

Category: topSource: businessinsiderFeb 24th, 2021

Texas Still Reeling As Country, Companies And Traders Assess Damage From Winter Storm"s Strike On Energy Grid

The U.S. is still coming to grips with what Bloomberg News described today as "one of the most remarkable weeks in power and gas market history." read more.....»»

Category: blogSource: benzingaFeb 21st, 2021