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...The deal marks the second time Elliott has forced changes at NRG, a Texas-based utility and power producer with 7.3mn customers....
...The negotiations come during a summer in which blistering heat has stretched power supplies in the US south including Texas, where the grid has repeatedly broken daily demand records....
...The Supreme Court on Tuesday allowed Texas to enact a law that would give the state power to detain and possibly deport migrants, in a decision a White House spokesperson said would sow “chaos and confusion...
...Unfortunately for NRG, that will not placate Elliott. The latter said in mid-May that it had taken a $1bn stake in the power company, or about a 13 per cent economic interest....
...Greg Abbott, the Republican governor of Texas, has propelled the issue on to the national stage through a campaign of busing migrants to Democratic cities in the north-east and west coast....
...Brownsville, where he urged Republicans to come together and pass the bipartisan bill, which would increase staffing on the frontier, raise the threshold for those eligible for asylum and give the president powers...
...Developers are looking to build sites in growing areas such as the US states of Ohio and Texas, regions of Italy and eastern Europe, Malaysia and India, according to analysts....
...Following a months-long campaign by the hedge fund, the Texas-based utility and power producer parted ways with its chief executive and agreed to overhaul its board....
...The analysis found just 1 per cent of superhot rocks’ power potential in the US could produce more than 4TW of power, equivalent to 21bn barrels of oil....
...Last month, the company co-hosted a power grid investment summit in Houston with Dan Patrick, Texas’s lieutenant-governor....
...Musk is now reviving the debate about Delaware and the power its courts wield over corporate America....
...Amazon Web Services, Mercedes-Benz, Nvidia and Texas Instruments are among the companies incorporating Arm’s new designs into their products and development systems....
...Samsung has been awarded $6.4bn and will build capacity in Texas. TSMC is setting up shop in Arizona. Both will need chipmaking equipment....
...And for all of the histrionics of Musk, there is not even a hint that other big public companies are set to abscond to Texas, Nevada or any other state....
...Texas, another state with rapidly rising power demand, imposed blackouts on 4.5mn customers during a winter storm in 2021....
...Texas....
...Dunn has been a fierce critic of government over-reach, lashing out at Washington for “sticking its nose” into the everyday decisions of Americans “with a goal to accumulate the power to make them all, effectively...
...NRG’s chair of board of directors Lawrence Coben has been appointed interim chief....
...offers to help Egypt unblock Suez Canal Global Interactions: How the KitKat went global Global migration: Biden scrambles to cope with rising number of migrant children Climate change: Polar vortex sends Texas...
...One visitor from Texas bought one for each of her three children, a staff member confides. Some of the bestselling items, inevitably, are wands....
...Sixteen red states including Texas, Louisiana and Florida also last month sued the federal government over its decision to freeze approvals for new export terminals for liquefied natural gas along the US...
...a small operator . . . and you go to the bank with a two- or three-year payout on equipment and livestock and you’ve got a one-year contract, that’s a tough sell to a banker,” said JR Howard, owner of Texas...
...And, he added, distribution system operators might pull back on their power grid investments, anticipating greater reliance on synthetic gas. . . . but support is still growing Despite concerns, momentum...
...All this comes as NRG’s core energy business struggles with an outage at one of its main power plants that should last until the second half of next year....
...The reliance creates vulnerabilities though, such as during Winter Storm Uri in 2021, when electricity outages in Texas cut gas flows and caused power cuts across big Mexican industrial cities such as Monterrey...
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