UTILITY NEWS ROUND-UP

Odessa American (Commentary): Building a future in wind: Research locally, export globally

Aug. 9 — At The University of Texas Permian Basin (UTPB) we are committed to strengthening and diversifying how we impact our students, our community and our global efforts. As we’ve experienced the pandemic and oil and gas downturn, we are witnessing firsthand the importance of this commitment, and it feels more important than ever to align with our mission: research locally and export globally.

— Odessa American

 

Midland Reporter-Telegram: RRC seeks public comment on flaring rule changes

Aug. 8 — Looking into issues related to the state’s flaring and venting of natural gas, an internal Railroad Commission working group ran into issues.

— Midland Reporter-Telegram

 

Utility Dive: Renewable energy prices begin an upward trend, data shows

Aug. 7 — Prices for both wind and solar power purchase agreements (PPA) have experienced year-over-year increases for the first time since renewable energy marketplace LevelTen Energy began publishing PPA data in 2018.

— Utility Dive

 

Houston Chronicle: Coronavirus, Texas rate case drag on CenterPoint earnings

Aug 6 — CenterPoint Energy, the regulated utility that delivers electricity and natural gas to the Houston area, reported lower earnings in the second quarter, reflecting reduced commercial and industrial utility use from the spread of the coronavirus pandemic and lower net revenue from the recent rate case in which CenterPoint received only a small fraction of what it was seeking.

— Houston Chronicle

Houston Chronicle: More customers, lower fuel costs boost NRG profits

Aug. 6 — NRG Energy, one of the state’s biggest generators and retailers of power, reported higher profits in the second quarter, reflecting its acquisition of Stream Energy last year, lower fuel prices and reduced operating costs.

— Houston Chronicle

 

Texas Standard: Texas Regulators Move Forward With Plan to Reduce Oilfield Flaring

Aug. 6 — It has been common practice for oil and gas drillers to burn off excess natural gas that comes from oil extraction – a practice known as “flaring.” Natural gas is often burned because there isn’t enough pipeline to transport it for processing.

— Texas Standard

 

Associated Press: Atmos Fiscal 3Q Earnings Snapshot

Aug. 5 — Atmos Energy Corp. (ATO) on Wednesday reported fiscal third-quarter net income of $117.8 million.
On a per-share basis, the Dallas-based company said it had net income of 96 cents. Earnings, adjusted for pretax gains, came to 79 cents per share.

— AP

 

Houston Chronicle: CenterPoint name moves to Indiana

Aug. 4 — CenterPoint Energy, the company that delivers electricity and natural gas to the Houston area, is combining its regulated utility operations in Indiana and Texas into one organization and will call it CenterPoint.

— Houston Chronicle

 

S&P Global: ERCOT OKs 276 MW of generation – mostly solar – for commercial operation

Aug. 4 — The Electric Reliability Council of Texas approved 276 MW of generation – mostly solar – for commercial operation in July, and another 435 MW of wind projects neared commercial operation, but 2.3 GW was deemed inactive, and another 1.1 GW was canceled, an August 4 report shows.

— S&P Global

 

Houston Chronicle: COVID pandemic slows planned job growth for green energy jobs in Texas

Aug. 3 — Jobs in renewable energy, battery storage and energy efficiency grew 4 percent last year in Texas, nearly twice as fast as the overall employment rate, according to a new study.

— Houston Chronicle

 

KTRK TV: Increased electricity usage in COVID-19 affects service from Texas power providers

Aug. 5 –Texans are no stranger to the summer heat, and many rely on home air conditioning to keep them cool. The Texas power grid system is designed to handle the influx of electricity due to increased cooling system usage during warmer weather, but certainly saw a change since March.

— KTRK TV

 

Houston Chronicle: Railroad Commission moves toward adopting industry recommendations to reduce flaring

Aug. 4 — The Railroad Commission of Texas, which regulates oil and gas operations in the state, has taken another step towards adopting a series of industry recommendations aimed at reducing flaring, a practice in which excess natural gas is burned at wells.

— Houston Chronicle

 

Houston Chronicle (Commentary): Oil industry could lose by gambling on carbon capture

July 31 — U.S. coal production and consumption dropped in 2019 to its lowest levels since 1978, according to the Energy Information Administration. Natural gas sells for less than $2 per million British Thermal Units, and new wind and solar projects produce cheaper electricity than new coal-fired plants.

— Houston Chronicle