PUC Chair Arthur D’Andrea has handed his resignation letter to Governor Abbott after refusing to retroactively adjust the market price for energy in Texas.
A PUC report says there was $16 billion in ERCOT overcharges during February's deadly winter storm. The legislature is now prepared to step in and pass bills to correct the problem
The historic cold snap effectively halted oil production in Texas when 11 refineries lost power or had equipment that was too frozen to function effectively.
President Joe Biden will be traveling to Texas on Friday to meet with leaders about the winter storm and power outages that plagued the ERCOT grid last week.
The President and First Lady will travel to Houston and meet with local leaders to discuss the storm, what went wrong and the recovery efforts moving forward according to the Texas Tribune...
Just before 9am Saturday, ERCOT's reserve electrical capacity was just 89 megawatts. ERCOT electricity usage may set a winter record this weekend due to a 5-day long stretch of extremely low temps across the state.
Weekend low temperatures in the single digits, and in some cases below zero, are expected to contribute to record high electricity use in parts of Texas. Especially in the part of West Texas that is served by ERCOT.