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Diode Ventures announces financial close of its first greenfield utility-scale solar photovoltaic project
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Texas Governor Enacts Grid Reliability Measures, Including Power Plant Weatherization, ERCOT Reforms
Texas Gov. Greg Abbott has signed into law sweeping bills approved by Texas legislators that will require power generators in the state to weatherize against extreme events and revamp organizational oversight of the Electric Reliability Council of Texas (ERCOT).
Hours before the state’s regular 140-day legislative session dwindled to its end on May 30 and amid high-profile drama related to a GOP priority voting bill Texas House and Senate lawmakers approved a series of last-minute changes to Senate Bill (SB) 2, related to ERCOT oversight, and SB 3, the state’s reliability statute. The governor signed these measures, which he had deemed “emergency items” for the 87th session
Averting crisis: Path to weatherize Texas power plants and some gas wells set under compromise bill
The Legislature’s biggest answer yet to weaknesses exposed by winter storm selectively weatherizes gas infrastructure, creates outage alerts and tightens coordination.
A compromise bill unveiled by Texas House leaders on Tuesday would respond to February s electricity crisis by, among other things, weatherizing power plants – and, selectively, natural gas infrastructure. The bill also would create outage alerts and require grid managers and utility regulators to practice for emergencies.(Smiley N. Pool / Staff Photographer)
5:59 PM on May 18, 2021 CDT
AUSTIN Texas would require weatherization of electrical generating plants and some natural gas wells and related pipelines and compressors under a compromise bill that House leaders unveiled Tuesday.
Lawmakers try new solution to minimize winter storm debt
Most agree that securitization is an effective proposal to fairly and quickly pay off storm debt. Not all agree how to do it, and what costs should be covered.
Large electrical transmission lines cross through South Arlington, Texas, on Feb. 17, 2021. Rolling power outages disrupted service to customers following snow storms. (Tom Fox/The Dallas Morning News)(Tom Fox / Staff Photographer)
AUSTIN One lingering question from February’s devastating winter storm is what, if anything, to do about the remaining debt of some electricity market participants caused by the soaring price of power during the crisis.
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