ERCOT: An Island Unto Itself
Should Texas allow more connections between its main transmission grid and other states? Some want a second look.
Should Texas allow more connections between its main transmission grid and other states? Some want a second look.
Lawmakers, regulators and the press have begun receiving complaints about new smart meters, with some Texans complaining that they could undermine health and personal liberty.
The federal counterpart to our own Public Utility Commission has assessed a penalty for market manipulation dwarfing anything like it levied in Texas.
Consumer advocates had sounded the alarm about the massive debt used in the buyout of TXU in 2007. And now, five years later, that debt has become crushing. Says one analyst about the energy giant's chances: “The game may not be over just yet, but the prospects don’t look so good.”