Texas power firm files for bankruptcy, cites huge bill
Video Credit: Reuters - Politics - Duration: 01:30s - Published
Texas power firm files for bankruptcy, cites huge bill
[NFA] Texas's largest and oldest electric power cooperative on Monday filed for bankruptcy protection in federal court in Houston, citing a massive bill from the state's electricity grid operator following last month's cold snap.
Texas' largest and oldest electric power cooperative on Monday filed for bankruptcy protection, citing the crush of a massive bill from the state's grid operator, following last month's winter storm that left millions without power for days.
Brazos Electric Power Cooperative filed for Chapter 11 after racking up an estimated $2.1 billion in charges, which the state's grid operator, known as ERCOT, said went unpaid.
Brazos, which supplies electricity to more than 660,000 consumers across the state, is one of dozens of providers facing enormous charges stemming from the deep winter freeze.
The company said the fallout threatens utilities and power marketers, which collectively face billions of dollars in blackout-related charges.
Unusually frigid temperatures knocked out nearly half of the state's power plants in mid-February, leaving 4.3 million Texans without heat or light for days and bursting water pipes that damaged homes and businesses.
Brazos and others that committed to provide power to the grid - and could not - were required to buy replacement power as prices soared.
ERCOT triggered the squeeze when it pushed up spot-market rates to $9,000 per megawatt hour over more than four days and levied huge fees for services.
Pre-storm prices were less than $50 per megawatt hour, according to ERCOT data.
A 911 outage swept across several US states, including South Dakota, Nevada, and parts of Nebraska, causing concern over emergency services accessibility. Las Vegas valley was also affected, prompting swift action from the Las Vegas Metropolitan Police Department to confirm service restoration.
#911outage #911outageemergencyalert #911outagestoday #911telephoneoutageemergency #911telephoneoutage #JoeBiden #US #Worldnews #Oneindia #Oneindianews
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These Are the 2024 Sweet 16 , March Madness Teams.
These Are the 2024 Sweet 16 , March Madness Teams.
64 NCAA Division I teams have been cut
down to the Sweet 16, CBS News reports. .
The teams that will advance in the
March Madness tournament are:.
North Carolina Tar Heels
Iowa State Cyclones
NC State Wolfpack
Gonzaga Bulldogs.
North Carolina Tar Heels
Iowa State Cyclones
NC State Wolfpack
Gonzaga Bulldogs.
North Carolina Tar Heels
Iowa State Cyclones
NC State Wolfpack
Gonzaga Bulldogs.
North Carolina Tar Heels
Iowa State Cyclones
NC State Wolfpack
Gonzaga Bulldogs.
Arizona Wildcats
Illinois Fighting Illini
Tennessee Volunteers
Purdue Boilermakers.
Arizona Wildcats
Illinois Fighting Illini
Tennessee Volunteers
Purdue Boilermakers.
Arizona Wildcats
Illinois Fighting Illini
Tennessee Volunteers
Purdue Boilermakers.
Arizona Wildcats
Illinois Fighting Illini
Tennessee Volunteers
Purdue Boilermakers.
Marquette Golden Eagles
Creighton Bluejays
Duke Blue Devils
Clemson Tigers.
Marquette Golden Eagles
Creighton Bluejays
Duke Blue Devils
Clemson Tigers.
Marquette Golden Eagles
Creighton Bluejays
Duke Blue Devils
Clemson Tigers.
Marquette Golden Eagles
Creighton Bluejays
Duke Blue Devils
Clemson Tigers.
Alabama Crimson Tide
San Diego State Aztecs
Houston Cougars
University of Connecticut Huskies.
Alabama Crimson Tide
San Diego State Aztecs
Houston Cougars
University of Connecticut Huskies.
Alabama Crimson Tide
San Diego State Aztecs
Houston Cougars
University of Connecticut Huskies.
Alabama Crimson Tide
San Diego State Aztecs
Houston Cougars
University of Connecticut Huskies.
Four teams remain in
each regional bracket.
Four teams remain in
each regional bracket.
In the East:, No. 1 seed Connecticut vs. No. 5 San Diego State
No. 2 seed Iowa State vs. No. 3 seed Illinois.
In the East:, No. 1 seed Connecticut vs. No. 5 San Diego State
No. 2 seed Iowa State vs. No. 3 seed Illinois.
In the East:, No. 1 seed Connecticut vs. No. 5 San Diego State
No. 2 seed Iowa State vs. No. 3 seed Illinois.
In the East:, No. 1 seed Connecticut vs. No. 5 San Diego State
No. 2 seed Iowa State vs. No. 3 seed Illinois.
In the West:, No. 1 seed North Carolina vs. No. 4 seed Alabama
No. 2 seed Arizona vs. No. 6 seed Clemson.
In the West:, No. 1 seed North Carolina vs. No. 4 seed Alabama
No. 2 seed Arizona vs. No. 6 seed Clemson.
In the West:, No. 1 seed North Carolina vs. No. 4 seed Alabama
No. 2 seed Arizona vs. No. 6 seed Clemson.
In the West:, No. 1 seed North Carolina vs. No. 4 seed Alabama
No. 2 seed Arizona vs. No. 6 seed Clemson.
In the South:, No. 1 Houston vs. No. 4 Duke
No. 2. seed Marquette vs. No. 11 seed NC State.
In the South:, No. 1 Houston vs. No. 4 Duke
No. 2. seed Marquette vs. No. 11 seed NC State.
In the South:, No. 1 Houston vs. No. 4 Duke
No. 2. seed Marquette vs. No. 11 seed NC State.
In the South:, No. 1 Houston vs. No. 4 Duke
No. 2. seed Marquette vs. No. 11 seed NC State.
In the Midwest:, No. 1 seed Purdue vs. No. 5 seed Gonzaga
No. 2 seed Tennessee vs. No. 3 seed Creighton.
In the Midwest:, No. 1 seed Purdue vs. No. 5 seed Gonzaga
No. 2 seed Tennessee vs. No. 3 seed Creighton.
In the Midwest:, No. 1 seed Purdue vs. No. 5 seed Gonzaga
No. 2 seed Tennessee vs. No. 3 seed Creighton.
In the Midwest:, No. 1 seed Purdue vs. No. 5 seed Gonzaga
No. 2 seed Tennessee vs. No. 3 seed Creighton.
Sweet 16 games will take
place from March 28-31
Credit: Wibbitz Top Stories Duration: 01:31Published
Another Mid-Flight , Boeing Incident Occurs, Amid Increased Scrutiny.
On March 4, a United Airlines Boeing 737
flight was forced to make an emergency
landing after bursting into flames mid-air. .
'The Independent' reports that the
plane's engine exploded shortly after
taking off from Fort Meyers, Florida. .
The Houston-bound flight was forced
to make an emergency landing
just moments after taking off. .
No injuries were
linked to the incident.
According to United Airlines, , "the flight landed safely, and the
passengers deplaned normally.".
The airline added that it, "arranged for a new aircraft to take
our customers to their destination.".
'The Independent' reports that the cause
of the accident is currently under investigation
by the Federal Aviation Administration (FAA). .
In January, Boeing came under increased
scrutiny after a door panel on a 737 Max 9
blew off in the middle of an Alaska Airlines flight.
In January, Boeing came under increased
scrutiny after a door panel on a 737 Max 9
blew off in the middle of an Alaska Airlines flight.
Following the incident, in which several passengers were injured,
all Boeing 737 Max 9s were grounded, and investigations were
opened by the FAA and the National Transportation Safety Board.
Boeing must commit to real and
profound improvements. Making
foundational change will require
a sustained effort from Boeingβs
leadership, and we are going
to hold them accountable
every step of the way, Mike Whitaker, FAA administrator, via 'The Independent'
Credit: Wibbitz Top Stories Duration: 01:31Published
Cell service outages grip the US, affecting major carriers like AT&T, Cricket Wireless, Verizon, and T-Mobile. AT&T, hit hardest, reports over 58,000 incidents, primarily in cities like Houston and Atlanta. Other carriers, like Cricket, Verizon, and T-Mobile, also experience significant disruptions. The cause remains unknown, with speculation ranging from cloud misconfiguration to deliberate attacks. Users advised to utilize Wi-Fi calling as a workaround.
#USnews #Americanews #US #AT&T #Tmobile #Verizon #CricketWireless #Internetdown #InstagramDown #Twitterdown #Worldnews #Oneindia #Oneindia News
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Bruce Bullock, Director Of The Maguire Energy Institute At SMU Discusses House Bill 11 On Weatherizing Facilities In The Electric Power System In Texas With CBS 11's Jack Fink