Meter Reading: BP’s Billion-Plus Loss, A Look at Demand Response, and More
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While Texas isn't likely to mandate smart meters that cycle off air conditioning during times of peak demand, some power providers are actively encouraging it.
Enviro group takes victory lap on Ciro Rodriguez’ defeat – “State Rep. Pete Gallego, D-Alpine, got a big boost toward tonight’s win over ex-congressman Ciro Rodriguez from the League of Conservation Voters.” — Dallas Morning News
In Texas, a Push to Save Power at Peak Times — “Reducing power use at those peak times can mean that fewer new power plants need to be built. That would be useful because Texas is adding few new plants, despite the continued population and industrial growth, because low natural gas prices have discouraged power companies from investing in new projects because they cut into their profits.” — Texas Tribune
BP Blames $1.4 Billion Loss On Lower Energy Prices – “BP released its latest quarterly earnings on Tuesday and the oil giant’s earnings are way down. The company cited lower oil and natural gas prices, and the lingering effects from the massive 2010 Gulf of Mexico oil spill.” — NPR