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Public Citizen - Texas Railroad Commission Trying to Block Renewable Energy Lines to He... - 0 views

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    Seemingly out of concern that competitive renewable energy will damage Big Oil's bottom line, the Texas Railroad Commission wants to block transmission lines that would put affordable energy from west Texas wind farms on an even playing field with the historical titans of Texas energy - oil and gas companies. A new investment in these transmission lines would save ratepayers $2 billion a year, reduce carbon dioxide emissions by 16 percent and create more than $5 billion in economic development benefits for Texas. Ratepayers, companies and organizations with an interest in seeing the further development of renewable energy and green jobs should contact the Texas Public Utility Commission (PUC) and tell them to deny the Railroad Commission's request to intervene. The Texas Legislature authorized these transmission lines in 2008 to address the lack of available transmission lines to deliver wind energy from the panhandle and west Texas to the major metropolitan areas in central Texas where demand is higher. This renewable energy helps reduce costs for ratepayers by providing abundant and inexpensive clean energy that helps offset the volatile price of natural gas.
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    Seemingly out of concern that competitive renewable energy will damage Big Oil's bottom line, the Texas Railroad Commission wants to block transmission lines that would put affordable energy from west Texas wind farms on an even playing field with the historical titans of Texas energy - oil and gas companies. A new investment in these transmission lines would save ratepayers $2 billion a year, reduce carbon dioxide emissions by 16 percent and create more than $5 billion in economic development benefits for Texas. Ratepayers, companies and organizations with an interest in seeing the further development of renewable energy and green jobs should contact the Texas Public Utility Commission (PUC) and tell them to deny the Railroad Commission's request to intervene. The Texas Legislature authorized these transmission lines in 2008 to address the lack of available transmission lines to deliver wind energy from the panhandle and west Texas to the major metropolitan areas in central Texas where demand is higher. This renewable energy helps reduce costs for ratepayers by providing abundant and inexpensive clean energy that helps offset the volatile price of natural gas.
Energy Net

New NRG nuclear plant to cost $10 billion | Reuters - 0 views

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    The cost to build a new nuclear power plant in Texas has risen to $10 billion, up from early estimates, but much below price tags of other proposed U.S. nuclear projects, an executive with NRG Energy Inc's nuclear development arm said on Tuesday. The "all in" cost to build two 1,350-megawatt nuclear reactors in South Texas has risen 40 percent from 2006 estimates which did not include financing costs, Steve Winn, chief executive of Nuclear Innovation North America (NINA), told the Reuters Global Energy Summit. While higher, NINA's current estimate is more than $10 billion under estimates from other nuclear developers that operate in states where regulators determine how much money utilities can charge customers for new power plants.
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