A nearly daily update of energy-related news:
- ERCOT released their updated 10-year Capacity, Demand and Reserves report which shows that the reserve margin of electricity will exceed 20 percent by 2017. These findings help to ease concerns that the state will have sufficient electricity to meet the state’s growing demand. ERCOT revised and updated their forecasting model methodology after an agency review; ERCOT officials now say that they are better able to report on future power demand.
- Former Microsoft CEO Bill Gates and a group of 27 investors from 10 countries are coming together to form the Breakthrough Energy Coalition. The Coalition will focus on early stage companies that seek to provide a clean energy future while providing the world with affordable, reliable energy. This news was announced at this week’s Paris Summit on climate change.
News Release TCEH Corp., Parent Company for Luminant and TXU Energy, Emerges from Chapter 11 as a Competitive, Well-Capitalized Company *** Energy Industry Veteran Curt Morgan Formally Named CEO *** Restructuring Eliminates More Than $33 Billion in Debt *** Benefits from Low Leverage Relative to Peer Group *** Company […]
Razen Thomas is proud to be Powering Texas and proud of the hard work and innovation that she sees from her colleagues every day at Oak Grove Power Plant. As support manager, Razen makes sure everyone has the tools, equipment and processes to do their jobs safely and effectively. Watch this month’s Job One Profile […]
An abundance of wildlife, including numerous bald eagles, call Luminant’s sites and reclaimed land home. When Liberty Mine’s resident bald eagle pair returns this fall, they’ll find a few home renovations – most notably, a new nest location. The eagles’ nest was recently moved away from mining activities to a new location on company property […]