The KUIK Closing Market Report for Monday, November 10: |
Markets were up. |
Direction |
Change |
Units |
Last |
Time |
Change |
Dow |
Up |
40 |
points |
17,574 |
2:12 PM |
S&P500 |
Up |
0.3% |
percent |
2,038 |
6.34 |
Nasdaq Composite |
Up |
0.4% |
percent |
4,652 |
19.08 |
30 Year Treasury |
Up |
4 |
Basis Points |
3.09 |
Annual Yield |
Oncor Electric Delivery, owner of the largest power-line network in Texas, wants to spend more than $2 billion on batteries to solve the problem of fluctuating output from wind and solar. The company is asking state legislators to change a law that prevents it from owning power plants before it invests in battery storage, Oncor has talked to Tesla Motors Inc. about using its batteries for the grid. Texas generates the most wind power of any state. |
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. |
http://www.bloomberg.com/news/2014-11-10/oncor-2-billion-texas-batteries-would-smooth-renewables.html |
For today’s Closing Market Report click to listen-> |
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