The Texas Public Utilities Commission indicated Friday that it has no intention of reversing the 16 16 billion in electric overcharge that is being raised by independent market monitors from the state’s week-long black market. Commission Chairman Arthur C. Nd Ndriya said the markets were very difficult to replenish and …
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Millions of Texans remained without electricity Wednesday morning, although temperatures in most parts of the state rose above freezing, potentially signaling the state’s power grid service could make significant progress to the restored service. Texas’ pockets plunged into widespread power outage on their third day amid extended winter storms, as …
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Text size Kevin Frayer / Getty Images Brands responded calmly to the recent escalation of the Trump administration’s war on Chinese telecom giant Huawei. Maybe too calm. U.S. Commerce Department regulations issued Aug. 17 will in theory prevent Huawei from purchasing any hardware or software that has all inputs of …
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After a weekend of wild and burning weather, California residents were warned Sunday to step in for Wednesday’s chance to shine. More than 200,000 PG&E Corp. PCG, -2.18% customers in Northern California on Saturday lost power in the state’s first sequence of rolling blackouts since the Enron-fueled statewide energy crisis …
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Text size JOSH EDELSON / AFP via Getty Images Centrica’s shares soared more than 17% after it agreed to sell Direct Energy, its North American energy business, to NRG Energy for $ 3.6 billion in cash. Houston-based Direct Energy provides electricity, natural gas, and home services to consumers and businesses …
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