Archives for July 2022
Offshore wind farm proposed for Gulf of Mexico near Galveston could power 2.3 million homes
Two proposed wind farms off the Texas and Louisiana coasts would join offshore oil drilling rigs in the gulf as the Biden administration tries to boost the country’s clean energy supply. Source: FuelFix
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Texas power company could potentially make $10 million per hour during energy shortages, report says
A Morgan Stanley report updated Monday states that retail energy generation company Vistra is seeing huge windfalls from ERCOT’s new ‘reliability-based’ business model. Source: FuelFix
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Researchers connect oilfield activity to earthquakes in Texas
Researchers are increasingly linking oilfield activity and seismic activity, with a new report from the University of Texas at Austin connecting the two in the Delaware Basin. Source: FuelFix
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Texans face skyrocketing home energy bills as the state exports more natural gas than ever
The cost of electricity in Texas is tightly tied to the price of natural gas. Source: FuelFix
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