Daryl Miller, plant manager for NRG’s WA Parish power plant stands on a platform in Unit 7 on Friday, Oct. 14, 2022 in Richmond.Texas Competitive Power Advocates, the state's largest trade group for thermal generation, said late Monday its members could build as much as 4,600 megawatts of power -- enough to cool nearly 1 million homes on a summer day -- if their preferred plan for the ERCOT power market redesign is enacted as proposed.
The PCM model would give generators a performance credit for being available during certain hours on days with the lowest reserve power margins. Those credits would be paid for by retail electricity providers, the companies that sell residential power plans and whose names show up on monthly power bills, as well as cooperatives and municipal utilities.
Richmond, whose membership accounts for 82 percent of the state's natural gas power generation, said the 4,600 megawatt figure came from her individually polling members and taking the sum of the amount they said they would create.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Most crypto companies will 'crash' after years of industry Ponzi schemes: Palantir co-founderCrypto and Web3 have unrealized potential, but the lack of regulation over the years has led to speculative bubbles and Ponzi schemes, Joe Lonsdale says. F that. Regulation or not if there is one thing that's assured it's the unethical practices by major financiers of society, predatory to the prosperity of people and humanity. ----- Joes words mean jack shit. It's sophistry. This dude is something else, he made a mistake my ass, that crap may work with his parents but we demand the maximum punishment allowed by law. SCAM
Source: FoxNews - 🏆 9. / 87 Read more »
‘We haven’t got this figured out just yet’: Pentagon, industry struggle to arm UkraineTop Pentagon and industry officials maintain that efforts are finally ramping up to replace the weapons that the United States and its allies have shipped to Ukraine picture looks like a video game Yeah they upped the defense bill by billions.. the costs of those weapons and leaving those weapons behind to our enemies in Afghanistan is going to cost us maybe trillions in the end when you include the interest on the $$ we had to borrow Yay. Unlimited revenue for Raytheon. No doubt completely unrelated to the defense secretary being a board member for Raytheon and no doubt unrelated to the bidens burisma deals in Ukraine.
Source: politico - 🏆 381. / 59 Read more »
Metaverse will revolutionize music industry5G wireless speeds and developing wearable hardwire will transform the metaverse experience in the metaverse.
Source: FoxBusiness - 🏆 458. / 53 Read more »
CreatorWorld Identifies Video Consumption Shifts and Industry ResponsesPanellists at influencer convention CreatorWorld outlined four major shifts happening in the online video space in recent years. CreatorWorld is held under the umbrella of the Singapore Media Festi…
Source: Variety - 🏆 108. / 63 Read more »
After pandemic forced industry into recovery, hotels offer discounts in anticipation of recessionHotels are touting holiday discounts as they brace for a recession that could slow their pandemic recovery in the new year, according to industry insiders. What’s the point if unvaxxed still can’t get into the country. My family and I have missed out of 3 years of making travel memories in USA - mandates are ridiculous and useless Doesn’t prevent infection Only hurts tourism GovRonDeSantis
Source: WashTimes - 🏆 235. / 63 Read more »
Oil field services industry adds over 2,300 U.S. jobs in November, according to trade groupThe oil field services industry added just over 2,300 jobs in November to total 654,486...
Source: HoustonChron - 🏆 609. / 51 Read more »