The low-interest loan to NRG Energy for a gas-fired power plant is the largest of three loans approved through the $7 billion fund since its creation in 2023.
The proposal is aimed at making sure power providers and electricity generators have enough power on hand in case of increased demand. But it’s not clear how it would hold up in unexpected weather, an expert said.
A Virginia man has been sentenced to nearly 12 years in prison on federal bank robbery charges in a case that tested the constitutionality of broad search warrants that use Google location history to identify people near the scene of a crime.
The new development ends the immediate threat that up to 400,000 customers could lose power, but the underlying financial dispute between two energy giants stemming from last February's winter storm remains unresolved.
Vistra Corp. asked the Railroad Commission of Texas to prevent Energy Transfer LP from cutting off fuel to five of its power plants on Monday. Vistra said the power supply to at least 400,000 homes and businesses could be impacted.
Natural gas powers the majority of electricity in Texas, especially during winter. Some power companies say the state’s gas system is not ready for another deep freeze.
Election in 2021 might not be getting the fanfare of last year or what 2022 will bring, but there is one important race many political observers are watching that could set a tone for what’s to come in 2022.
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This aerial drone photo shows the Call Federal Credit Union building, front, Tuesday June 16, 2020, in Midlothian, Va. Police were able to obtain geofence search warrants, a tool being increasingly used by law enforcement. The warrant sought location histories kept by Google of cellphones and other devices used within 150 meters (500 feet) of the bank. (AP Photo/Steve Helber)