March 16, 2021 archive

Storm leads to lawsuit by city-owned utility in Texas

  The largest city-owned utility in Texas sued the state’s grid operator alleging it levied “excessive” power prices during a February deep freeze, and seeking to bar the grid from issuing a default that could affect its credit rating. High prices for emergency fuel and power during a severe cold spell left Texas utilities facing …

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Midstream company fined in New Mexico

  Texas-based Harvest Midstream Company agreed to pay a nearly $100,000 civil penalty for violating environmental laws in New Mexico. The Albuquerque Journal reported the company failed to report a release of natural gas into water in northern New Mexico and was fined by the Energy, Minerals and Natural Resources Department. Click here for Albuquerque …

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Solar boom predicted in US by 2030

  The number of solar projects across the the U.S. is expected to increase by four times in the next several years, thanks to an extension of an industry subsidy late last year. Whether some of that will occur in Oklahoma remains to be seen, largely because electricity rates are comparatively low in the state …

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Texas legislature moves to cut $5.1 billion in storm costs

  Texas legislators took steps this week to make sure consumers aren’t hit with exorbitant electrical bills from the February winter weather that left dozens dead and millions in the dark for days because of rolling blackouts. The Texas state Senate on Monday quickly approved a bill cutting more than $5 billion in disputed electricity …

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