** General Motors Co. made a counteroffer to the United Auto Workers union, proposing a total 16% pay raise for the top wage earners in its plants and a 56% hike for newer employees who make less, the company said in a statement. UAW President Shawn Fain reacted quickly saying the proposal is “insulting.” ** …
September 8, 2023 archive
Wind power proved to be a weakness for ERCOT in Texas
Texas grid operators are learning their wind power has some issues. They faced a dilema this week when record heat resulted in a major demand for electricity to run air conditioners. The problem? The electricity generated by wind power in South Texas. Click here for Bloomberg
