Texas officials looks at power grid's reliability
August 11, 2017
HOUSTON (AP) — Some electricity companies in Texas are planning to put less money into maintaining and modernizing plants, causing some officials to worry about energy reliability in the state.
Electricity companies are seeing less profit as other sources of electricity, such as wind and solar, have entered the market, the Houston Chronicle reported . Some companies are now planning to cease investments in modernizing plants and may begin shutting some down.
"Nobody saw this coming," said Ed Hirs, an energy economist and professor at the University of Houston. "What ERCOT (the Electric Re...