Although the investigations into what caused the Deepwater Horizon accident are still ongoing, and the presidential commission on the oil spill has only begun its work, Congress has been busy with legislative initiatives that could significantly alter the landscape of energy production in America. Unfortunately these early measures (principally H.R. 3534 and S. 3663) may cause more problems than they solve, especially for Texas.
Buckle up for summer blackouts: Wind is already failing Texas in spring
It’s been all quiet on the electric grid front for a few months — but don’t get your hopes up. Over the last month, electricity prices came near the $5000/MWh regulatory cap three separate times because the wind wasn’t blowing enough when the sun went down. If this sounds familiar, you’re not wrong. You may hear...