Western governments are rethinking dependence on Russian oil and gas, and it is a big opportunity for nuclear power to grow and help to lower electricity prices in Texas as well as the rest of the country and the world.
decades on the back of higher energy demand and market turmoil caused by the war in Ukraine. The electric rate could reach 15.6 cents a kilowatt hour, according to estimates.
Texas has enough wind and solar power to phase out coal entirely to reduce Electric Rates, but there’s a catch! The state’s energy grid is a mess, and it is standing in the way of a faster transition in Texas away from coal and toward renewables.
Bitcoin mining companies are flocking to Texas and Rep. Pete Sessions wants Texas Bitcoin mining to be a key component of U.S. energy policy. Global fuel prices have risen in the wake of Russia’s war against Ukraine.
The Public Utility Commission of Texas has approved a base rate increase for Southwestern Electric Power Company (American Electric Power). Southwestern Electric Power Company serves 187,500 customers in Northeast Texas and the Texas Panhandle.