A nearly daily update of energy-related news:
- In 2015, wind accounted for nearly half of new generation capacity (47 percent), followed by natural gas (35 percent) and solar (14 percent) reports Utility Dive. Overall, new capacity additions have stalled with estimated additions for 2018 to 2024 averaging less than 4 GW annually. This is a decrease from the 26 GW added annually between 2000 and 2013.
- The Federal Reserve Bank of Dallas says that Texas is expected to add more than 161,000 jobs in 2016, only 33 percent of the 2014 job-growth. Dallas Fed Senior Economist Keith Phillips states “The biggest risk to the forecast is if oil prices are in the range of $20 to $30 for much of the year.” On Tuesday, January 12, oil sank below $30 a barrel for the first time since December 2003.
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 […]