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July 7, 2024

severe weather

Overheard at CERAWeek by IHS Markit
The energy industry’s largest international gathering, CERAWeek by IHS Markit, was held virtually with “unprecedented” participation.
House Oversight Committee Pokes into ERCOT
The U.S. House of Representatives’ principal oversight committee joined the roster of agencies investigating ERCOT following February’s severe winter storm.
SPP Launches Review of Storm Response
SPP is reviewing its response to the recent winter storm that swept through its footprint, leading to the RTO's first rolling blackouts.
ERCOT’s Brazos Electric Declares Bankruptcy
Brazos Electric Power Cooperative filed for Chapter 11 bankruptcy, saying it was unable to pay ERCOT $2.1 billion in unexpected charges.
Counterflow: Winter Ain’t Over Yet
Steve Huntoon says grid operators should apply lessons learned from the Texas outages to ensure the lights stay on through the rest of winter.
Vistra Stock Plunges After Market Losses
Vistra said it expects to take a $1.3 billion financial loss because of the state’s massive power outage and its subsequent effects on the ERCOT market.
Mass. Bill Taps Tax Refunds for Climate-vulnerable Countries
Massachusetts could be the first state to allow residents to donate their tax refunds to help developing nations build resilient communities.
MISO Begins Cold Snap Examination
MISO is still collecting data and reviewing the actions it took during a massive cold spell that gripped most of the U.S. in mid-February.
Exelon
Exelon to Split Tx, Generation Businesses
Exelon plans to separate its regulated transmission and distribution utilities from its merchant power generation business.
Texas PUC Turns Focus to Customer Bills
The Texas PUC issued a set of orders intended to protect Texas electricity customers and prevent possible disconnections for non-payment.

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