Texas Grid Was ‘seconds and minutes’ From Complete Failure

February 18, 2021

As rolling blackouts began in Texas last Thursday, ERCOT officials have said the power grid was “seconds and minutes” from a complete collapse. If the grid would have gone down it could have created random, uncontrollable blackouts for months to come. This would have created an “indeterminably long” crisis, as grid operators took difficult decisions […]

Texas Prevents Out-Of-State Gas Shipments as ERCOT Crisis Worsens

February 17, 2021

As Texas continues to see extreme cold weather the natural gas industry is facing extreme pressure from all angles. Governor Greg Abbott has decided to act on the matter by forbidding sales to power producers outside its borders through Feb 21. Natural Gas suppliers will have to sell to Texas power generation assets until that […]

Texas Polar Vortex Freezes Wind, Natural Gas, and Coal Generation

February 16, 2021

Residents across Texas found themselves covered in snow and freezing temperatures this Monday February 15th. People went inside their cars and turned on heaters as the temperature in their homes without insulation dropped below 40 degrees. The Electric Reliability Council of Texas (ERCOT) responsible for operating the electric grid issues rotating blackouts as generation assets […]

Elon Musk Offers $100M Prize for Carbon-Capture Challenge

February 11, 2021

Elon Musk – $100M Carbon-Capture Prize Challenge Elon Musk unveiled a $100M prize pool for the Carbon Removal XPrize challenge for companies to design and build carbon capture technologies. More specifically, the goal is for teams to construct a project that makes a meaningful difference in removing carbon from the atmosphere, instead of just neutralizing […]