June 18, 2021

WHAT GRID?:

Texas loses to Oklahoma on electric vehicle company Canoo's 'mega-factory.' Power grid cited as one reason ( Dom DiFurio, Jun 17, 2021, Dallas Morning News)

The electric vehicle maker Canoo announced Thursday that it would take a mega-factory and thousands of high-paying jobs to the Tulsa region, citing Oklahoma's "energy-forward initiatives."

North Texas was "definitely in the race" in the multistate competition for the new assembly plant, but Texas energy infrastructure issues and other factors led the company to choose Oklahoma, chairman and CEO Tony Aquila told The Dallas Morning News. [...]

The announcement was made at Canoo's first-ever investor day at Texas Motor Speedway, and it came with residents of the state on high alert for potential power blackouts. On Monday, ERCOT warned residents to conserve energy or risk rolling blackouts like the ones the state saw during February's winter storm.

Posted by at June 18, 2021 5:31 PM

  

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