A nearly daily update of energy-related news:
- Natural gas prices have risen in response to the upcoming summer season’s temperature forecasts. The Wall Street Journal states that prices have increased by 40 percent since the end of May. Summer officially started on Monday, June 20.
- To ensure that Sweden continues to receive reliable carbon-free power throughout the year, the country has decided to discontinue a tax on the nuclear industry and will allow existing reactors to continue running for a longer period. The country’s utilities are now also tentatively allowed to build up to 10 new reactors to replace the reactors scheduled to retire. The government is debating if it can power the country with wind, hydro and solar alone in order to meet its 2040 goals and daily needs; nuclear energy currently provides 40 percent of the country’s electricity.
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 […]