A nearly daily update of energy-related news:
- ERCOT is reviewing several potential changes to a price adder that will ensure there is sufficient generation available. These changes were proposed after the PUC raised concerns that the adder did not reflect a drop in capacity. A consensus is currently being awaited.
- Panasonic Corp. will invest up to $1.6 billion on an advanced battery factory with electric-car maker Tesla Motors Inc. in order to widen its share in automotive electronics. Currently, Panasonic’s sales to automakers are projected to double in the next four years as vehicles have more electrical devices built into them. In this fiscal year, the company’s sales to auto makers is approximately $11 billion, about 15 percent of the company’s revenue.
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 […]