Tag: Blackouts
Tech

$11 billion in 9 days—Texas’ natural gas sellers cashed in on deep freeze

Enlarge / A warning sign for an underground natural gas pipeline stands near Sunray, Texas. (credit: Angus Mordant/Bloomberg via Getty Images ) While Texans froze and natural gas-fired power plants tripped offline during a February cold snap, natural gas traders and pipeline companies made up to $11 billion in just nine days. The handsome profits […]

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Business

A 100 million’virtual power plant’ could put an end to California’s Electricity woes

Back in August, residents of California were tormented by rolling brownouts because the nation ’s energy supply couldn’t meet an explosion in need. The power outages have been an {} but likewise an indignity because Californians pay a number of the greatest rates for electricity in the nation. This scenario has generated a business named […]

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