To print this article, all you need is to be registered or login on Mondaq.com.
The Texas House of Representatives and Senate are considering
three similar, but not identical, legislative drafts that could
impose substantial grid charges directly on renewable generation
businesses.
House Bill 4466,
which is scheduled for hearing on April 8, would require the Public
Utility Commission of Texas (PUCT) to require the Electric
Reliability Council of Texas (ERCOT), the state s internal
market operator, to directly assign to the renewable projects
themselves the costs of ancillary services that ERCOT incurs
(including standby backup, and reactive power) to address renewable
Big Tech, Banks, And Others Warn Texas Not To Drive Up Wind Power Costs With New Bill
by Tyler Durden
More than two-dozen companies which have invested heavily in renewable power
have fired off an angry letter to Texas Governor Greg Abbott and other officials over a new bill working its way through the state legislature which would require power producers
to bear the costs of services which help keep the electrical grid stable.
The bill, which comes in response for the state s February power outages which have been blamed in part on frozen wind turbines, would require the grid operator, the Electric Reliability Council of Texas (ERCOT) to directly assign ancillary service costs to solar and wind power generation.
Texas Bills Would Burden Renewable Gen - Energy and Natural Resources mondaq.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondaq.com Daily Mail and Mail on Sunday newspapers.
Reaching a political agreement for the EU’s seven-year funding programme in December was no small feat. It was however eclipsed by events. The cliff- hanger Brexit agreement on Christmas Eve together with the daily ups and downs of the COVID-19 pandemic have relegated the €1.8 trillion fund, from a news perspective.
However, in European capitals and Brussels, a significant amount of spade work is currently being undertaken to bring these funds to the European economy as fast as possible. They hold the key to kick-start the EU economic recovery post-COVID-19. This is all the more important considering the vast stimulus packages issued by EU member states in 2020 which leaves them with limited fire power to prop up their economies in 2021.
Plenti to offer interest-free solar panel loans savings.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from savings.com.au Daily Mail and Mail on Sunday newspapers.