Tribpedia: Energy

Texas Regulators Uncertain on Hunt Deal

With a deadline for action looming, Texas regulators are struggling to make up their minds about the finer points of the Ray L. Hunt family’s $18 billion proposal to buy and reshape Oncor, the state’s biggest electric utility. One sticking point — should Oncor be allowed to charge customers hundreds of millions of dollars for federal taxes that the company wouldn't actually have to pay?  

Railroad Commission Hopefuls Split on Donations

Three of seven Republicans vying for a seat on the Texas Railroad Commission are in favor of tightening at least one regulation — on the commissioners themselves. Ron Hale, Weston Martinez and Lance Christian say they would support a proposal barring commissioners from accepting political donations from parties doing business before the commission.

Oncor CEO Bob Shapard testifies before the Texas Public Utility Commission on Jan. 11, 2016. He expressed concerns over the Hunt family's plan to buy Oncor, the state's largest electric utility.
Oncor CEO Bob Shapard testifies before the Texas Public Utility Commission on Jan. 11, 2016. He expressed concerns over the Hunt family's plan to buy Oncor, the state's largest electric utility.

Oncor: Hunt's Possible Merger Could Boost Rates

Oncor, the state’s largest utility, is warning state regulators that electric rates could increase for millions of Texas customers if they approve a complex reorganization plan offered by the Ray L. Hunt family.

 

If successful, an oil driller's lawsuit could cost Texas up to $4.4 billion in sales tax refunds, comptroller Glenn Hegar warns.
If successful, an oil driller's lawsuit could cost Texas up to $4.4 billion in sales tax refunds, comptroller Glenn Hegar warns.

Oil Driller's Lawsuit Could Cost Texas Billions in Tax Refunds

What is the definition of "tangible personal property?" The arcane question is at the center of a lawsuit that could reap energy companies a multibillion-dollar windfall and drain the state's budget surplus. “This is very serious, real money," Comptroller Glenn Hegar said.

State Comptroller Glenn Hegar says his revenue estimate to divvy up for the 2016-17 budget will be about $113 billion.
State Comptroller Glenn Hegar says his revenue estimate to divvy up for the 2016-17 budget will be about $113 billion.

Hegar Calls Moody's Dour Texas Budget Report "Unfounded"

Comptroller Glenn Hegar launched a torrent of criticism at Moody’s Investors Service on Thursday after the credit rating agency released a report suggesting a drilling slowdown could eat up a projected $4 billion state budget surplus by December.

During a stop at the Spindletop Museum in Beaumont, U.S. Sen. Ted Cruz pitched his energy policy bill, which he calls the American Energy Renaissance Act.
During a stop at the Spindletop Museum in Beaumont, U.S. Sen. Ted Cruz pitched his energy policy bill, which he calls the American Energy Renaissance Act.

With Eminent Domain Attack on Trump, Ted Cruz Walks Fine Line

Despite a recent ad bashing Donald Trump for employing eminent domain for a parking lot, Ted Cruz strongly backed the Keystone XL and other pipeline projects that would use the same controversial tool to displace landowners. The disconnect illustrates the tough terrain candidates walk when advocating for property rights — particularly in Texas.

Hugh and Nancy Raney in front of a pair of fields, one currently fallow, on their farm near Big Spring. The couple had to stop farming part of their land when running the electric pumps to get well water to the fields became too expensive.
Hugh and Nancy Raney in front of a pair of fields, one currently fallow, on their farm near Big Spring. The couple had to stop farming part of their land when running the electric pumps to get well water to the fields became too expensive.

Sky-high Power Rates Spark Outrage in Rural Texas

"Politicians shouldn’t mess with churches or farmers, and this is a church full of farmers,” says Janey Burke of Roscoe's Champion Baptist Church, whose congregation can be counted among those outraged by Sharyland Utilities' bills. They're skeptical that Ray L. Hunt's mammoth bid to buy a much bigger chunk of the state's electrical transmission system will ease their pain.

Texas Loses Bid to Block Obama's Clean Power Plan

A federal appeals court on Thursday denied a request from Texas and other states to block President Obama’s Clean Power Plan, leaving the climate change rules in place as a legal challenge winds through the courts. The U.S. Court of Appeals for the District of Columbia wrote that the states — joined by the coal industry — “have not satisfied the stringent requirements for a stay.” 

Oncor CEO Bob Shapard testifies before the Texas Public Utility Commission on Jan. 11, 2016. He expressed concerns over the Hunt family's plan to buy Oncor, the state's largest electric utility.
Oncor CEO Bob Shapard testifies before the Texas Public Utility Commission on Jan. 11, 2016. He expressed concerns over the Hunt family's plan to buy Oncor, the state's largest electric utility.

Oncor Airs Concerns with Ray Hunt Takeover Plan

Top officials at Oncor, Texas’ largest electric utility, aired concerns on Monday with Dallas billionaire Ray L. Hunt’s $18 billion proposal to take over and reshape their company. It's all part of an effort by Oncor’s parent, Energy Future Holdings, to emerge from one of the largest bankruptcies in American history.

Retirees Group Spars With Hunt Over Oncor Sale

America’s biggest retiree group wants state regulators to reject Ray L. Hunt's proposal to buy the state’s biggest electric transmission company, suggesting it will shift wealth from everyday Texans to rich folks in suits. But the Dallas oilman and real estate mogul is strongly pushing back. 

 

 

 

Physicist Paul Chu, head of the University of Houston's Center for Superconductivity, speaks at a research summit organized by the Academy of Medicine, Engineering and Science of Texas on Nov. 13, 2015.
Physicist Paul Chu, head of the University of Houston's Center for Superconductivity, speaks at a research summit organized by the Academy of Medicine, Engineering and Science of Texas on Nov. 13, 2015.

Texas Scientist Aims to Revolutionize Electricity Grid

Paul Chu, founding director and chief scientist at the University of Houston’s Texas Center for Superconductivity, discusses how energy storage could revolutionize the grid, and how Texas plays a role in advancing the technology.