Buffett Proposes 10 GW In New Gas Plants For Texas ...Middle East

Economy by : (OILPRICE) -
Warren Buffett's investment company Berkshire Hathaway has proposed a plan for boosting Texas' energy security: building 10 GW in new natural gas-fired generation capacity. Bloomberg reports that the proposal involves setting up a company that would build the plants and add emergency gas storage to the offer in a bid to help prevent a repeat of this year's energy crisis caused by the unusually cold weather in late January and early February. "We really want to make sure that this never happens again. So we're really wanting to partner with the…

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