Weather

Magness was grilled for hours last week for leaving power prices at up to 450 times the usual rate after the threat to the state's grid had ended

On Monday, the National Weather Service tweeted wind advisories for the area that are slated to remain in effect through Tuesday.

The head of the Texas Public Utility Commission resigned as fallout mounted from the energy crisis that swept the state during a severe winter storm last month.

Backers of competition in the electricity-supply business promised it would lower prices for consumers who could shop around for the best deals, just as they do for cellphone service.

Four board leaders of Texas’ embattled power grid operator said Tuesday they will resign following outrage over more than 4 million customers losing power during a deadly winter freeze last week.

After the Texas deep freeze exposed vulnerabilities to the state’s power grid, demand for heat-providing electricity and gas has bulked up sales for generators. 

FOX Business’ Grady Trimble talks with an executive from one of the few companies that manufactures solar panels in the U.S. about competing with China.

Lipow Oil Associates President Andy Lipow said he expects it will take about two weeks to restore “the majority of normal operations” in Texas following the deep freeze and the related power outages.

As the state reels under one of the worst electricity outages in U.S. history, Texas Gov. Greg Abbott and members of the legislature will calculate the total cost of these bills and "find ways that the state can help reduce this burden."

Natural gas spot prices spiked as high as 100 times typical levels, forcing utilities and other natural gas users to incur exorbitant costs

The comments came just after the business magnate criticized the Electricity Reliability Council of Texas(ERCOT) for a statewide blackout that left millions seeking warmth amid bitterly cold temperatures.

The swanky hotel’s rooms offer floor-to-ceiling windows, beds wrapped in 400-count Egyptian sheets and private balconies overlooking the azure waters of the Caribbean along the barrier isle.

Texas’ power grid is running at normal operations, the Electric Reliability Council of Texas said on a conference call Friday morning.  

Both benchmark contracts rallied to 13-month highs on Thursday driven by the historic freeze in U.S. southern states

A deadly winter storm continues to leave nearly half a million Texans in the dark, including farmers who are heavily affected by the frigid weather.

Duke Energy Corporation predicted Wednesday that conditions from the latest winter storm could result in nearly one million power outages, with some lasting over a span of days. 

The Federal Aviation Administration also issued a notice for the entire mid-Atlantic region.

Texas power problems are an epic failure of green energy.

State utilities will likely hike bills after this year, both to pay for the record price spikes and to fund updates to Texas's grid

Frigid temperatures knocked out electricity across Texas and resulted in one of the largest U.S. oil production disruptions ever.