Tag: Texas

BusinessEnergyTechnology

Houston Electricity Demand Set to Surge Nearly 50% by 2031, Driving Major Infrastructure Investment

Houston’s electricity demand is projected to increase by nearly 50% over the next six years, according to utility officials. The dramatic growth is driven by data centers, industrial expansion, and port activity, prompting a $65 billion capital investment plan.

Unprecedented Electricity Demand Growth

Houston’s peak electricity load is projected to grow by approximately 50% over the next six years, according to reports from CenterPoint Energy. Utility officials reportedly told analysts that peak demand in their Houston electric service territory is forecast to increase by 10 gigawatts by 2031, representing one of the most dramatic electricity demand surges in the country.

by Darren Holt
BusinessCybersecurity

AT&T Reaches $177 Million Data Breach Settlement – Claim Process Details Revealed

Telecommunications giant AT&T has agreed to a $177 million settlement to resolve class action lawsuits stemming from two major data breaches. Current and former customers may be eligible for compensation up to $7,500 depending on which breaches affected them and their ability to demonstrate financial losses.

Major Settlement Reached in AT&T Data Breach Cases

Telecommunications provider AT&T has agreed to pay $177 million to settle class action lawsuits stemming from two significant data breaches, according to court documents and settlement administrators. The settlement, which was preliminarily approved by a Texas judge in August, avoids what would have been a lengthy trial process for the telecom giant.

by Carter Wells