Wind power sets new daily records in Texas

By: Jim Fuquay |

Wind power in Texas topped 10,000 megawatts for the first time and also set a record for its share of electricity being used, the state’s largest electricity grid said Thursday.

The Electric Reliability Council of Texas said that at 8:48 p.m. Wednesday, wind farms connected to ERCOT’s transmission network generated 10,296 […]

2015-05-07T15:45:35-05:00March 29th, 2014|Texas Market|

PUC punts capacity market decision to the Texas Legislature in 2015

By: Nicholas Sakelaris |

The Public Utility Commission decided Thursday to postpone a workshop on electricity and resource adequacy indefinitely. It was originally scheduled for May.

“They want to get more information that they won’t have by May so they’re postponing it for a later date to be determined later,” said Terry Hadley, a PUC spokesman.

The […]

2015-05-07T15:35:50-05:00March 28th, 2014|Texas Market|

More Polar Vortex Fallout: Spiking Utility Bills

By: David Bradley |

The multiple polar vortices and stubbornly cold weather that has dominated winter weather this year will have another impact even as temperatures turn warmer: higher bills for natural gas and electric utility customers.

Amidst the cold, much focus was cast on skyrocketing energy commodity prices. In late January, Federal Energy Regulatory […]

2015-05-07T15:35:50-05:00March 27th, 2014|New York Market|

Energy Future, Creditors Trying to Reach Debt-Restructuring Deal — Update

By: Mike Spector and Emily Glazer |

Energy Future Holdings Corp., the Texas utility at the center of a record private-equity buyout, is in the midst of last-ditch negotiations with creditors in a bid to reach a debt-restructuring deal before it seeks Chapter 11 bankruptcy protection, said people familiar with the matter.

The Dallas-based power […]

2015-05-07T15:35:50-05:00March 27th, 2014|Texas Market|

Electric choice forums scheduled in Northampton County

Public forums are scheduled this week and next week in Northampton County on electric choice following bill spikes caused by winter’s cold temperatures and high demand.

Pennsylvania state Rep. Marcia Hahn, R-Northampton, and state Sen. Lisa Boscola, D-Lehigh/Monroe/Northampton, announced meetings scheduled:

  • 6:30 tonight at the Weona Park Community Center, 25 S. Main St., Pen Argyl.
  • 5:15 p.m. Wednesday […]
2015-05-07T15:35:51-05:00March 25th, 2014|Pennsylvania Market|

PA Public Utility Commission holds hearing on power

On Feb. 5, 2014, a chaotic blend of snow and ice resulted in widespread power outages throughout much of the greater Philadelphia area. Hundreds of thousands were left in the dark, some of them for days on end. Dozens of people affected by the storm gathered inside a classroom at Montgomery County Community College’s Blue […]

2015-05-07T15:35:51-05:00March 25th, 2014|Pennsylvania Market|

Market Summary: 17 Mar – 21 Mar 2014

The following is a summary of last week’s market activity and the market outlook:

  • Natural gas futures experienced a steady slide last week across all terms (near-term decreasing more than the long-term). The Prompt Month broke below our technical support level of $4.45 late in the week, with the next level being in the $4.20 area. […]
2015-05-07T15:35:51-05:00March 24th, 2014|Market Watch|