• ERCOT Pulls RFP for Emergency Winter Generation, Blackouts Possible in Texas

    November 22, 2023--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The Texas grid operator on November 17 cancelled a request for proposal (RFP) for up to 3,000 megawatts (MW) of generating capacity for the upcoming winter after receiving only 11.1 MW of potential capacity bids. The RFP, issued October 2, was designed to create a bank of additional generation capacity to meet electric demand in case of extreme winter temperatures, such as was the case in Winter Storm Uri
  • Double Vision: Jacobs Ready to Spin Off Government Services

    November 22, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--Jacobs Solutions Incorporated (NYSE:J) (Dallas, Texas) plans to strengthen its role in contracted government services by spinning off its related businesses and merging them with Amentum Services Incorporated (Chantilly, Virginia), a rival contractor in the sector. Announcing its results for fiscal-year 2023, in which revenues grew 11% to $4.29 billion, Jacobs said the deal will give it a broader role in industries c

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