The company formerly known as TXU Corp. – once the largest privatization ever – is now the 10th -biggest bankruptcy in US history. Dallas-based Energy Future Holdings Corp. filed for Chapter 11 protection Tuesday – undone by an aggressive strategy of using debt to finance bets on natural gas prices, which turned out to be wrong.
Keep reading at Christian Science Monitor.
Is a policy analyst consultant for TCAP, a coalition of political subdivisions in Texas that purchase electricity in the deregulated market for their own governmental use. Because energy costs are typically a significant budget item to our members, TCAP is consistently looking for ways to save our members money, through cost-saving contracts, energy efficiency or demand response programs.