News Round-Up: May 24-30

News Round-Up: May 24-30

E&E NEWS: Documents reveal natural gas chaos in Texas blackouts May 20 — While numerous wind facilities had issues in Texas, gas-powered generation had the most megawatts of generating capacity offline of any resource during the February power crisis,...
News Round-Up: May 24-30

News Round-Up: May 8-14

KXAN: Proposed power outage alert system aims to improve communication in future winter storms May 10 — Texas lawmakers have spent hours discussing legislation aimed at addressing the failures of the state’s power grid, infrastructure and lack of reliable...
Blog:  Oncor Reports Revenue Increase, Record Growth

Blog: Oncor Reports Revenue Increase, Record Growth

The company reports highest organic growth in its history in 2020, and expects growth to continue in 2021. ________________________________________________ Oncor Electric has reported net income during the three months ending March 31 of $168 million — a 28.2 percent...
Blog: Atmos Reports Revenues, Dividend Increase

Blog: Atmos Reports Revenues, Dividend Increase

Due to the extraordinary gas costs related to Winter Storm Uri, Atmos reported “negative operating cash flow” for the six months ending March 31. ________________________________________________ Atmos Energy has reported consolidated net income of $514.4 million for...
Blog: ERCOT Expects Record Demand, but Sufficient Capacity

Blog: ERCOT Expects Record Demand, but Sufficient Capacity

The new ERCOT report also identifies low-probability and high-impact situations that could affect grid reliability. ________________________________________________ Projected hot and dry conditions — coupled with continued economic and population growth — likely will...