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Seventeen Electric Generators Selected to Receive Billions of Dollars in State-Subsidized Loans

Seventeen Electric Generators Selected to Receive Billions of Dollars in State-Subsidized Loans

by R.A. Dyer | Sep 4, 2024 | ERCOT, Generation

The projects were selected from among 72 applications for the PUC to consider under the state’s low-interest “In-ERCOT Loan Program,” which is part of the Texas Energy Fund established after Winter Storm Uri in 2023. ________________________________________________...
Seventeen Electric Generators Selected to Receive Billions of Dollars in State-Subsidized Loans

OCSC Recommends Consumer Cost Protections for Temporary Emergency Generators

by R.A. Dyer | Jul 23, 2024 | Electric Consumers, Generation

The city group recommended that the agency specify how utilities can seek cost recovery for such facilities, assure that affected parties have sufficient time to review such claimed expenses, and to implement other protections....
Seventeen Electric Generators Selected to Receive Billions of Dollars in State-Subsidized Loans

Gov. Abbott, Lt. Gov. Patrick Call for Expansion of Multi-Billion-Dollar Texas Energy Fund

by OCSC | Jul 2, 2024 | ERCOT, Generation

The state’s top two elected officials warned that the state’s peak power needs could reach 150,000 megawatts by 2030. By comparison, generators currently can handle less than 85,000 MW of peak demand today, they said. ________________________________________________...
Texas Supreme Court Sides with PUC over its Winter Storm Uri Power Pricing Decisions

Texas Supreme Court Sides with PUC over its Winter Storm Uri Power Pricing Decisions

by OCSC | Jun 21, 2024 | ERCOT, Generation

Texas regulators were within their rights to lock the price of electricity at its maximum level during Winter Storm Uri in 2021, according to twin rulings this month by the state’s Supreme Court. ________________________________________________ Texas regulators were...
Seventeen Electric Generators Selected to Receive Billions of Dollars in State-Subsidized Loans

Energy Fund Completion Bonus Grant Program Rules Set by Texas Public Utility Commission

by OCSC | May 2, 2024 | Blog, ERCOT, Generation

The new rules establish the “Texas Energy Fund Completion Bonus Grant Program” and create guidelines for generation developers seeking grants to construct new dispatchable power facilities or to expand existing ones. ________________________________________________...
Seventeen Electric Generators Selected to Receive Billions of Dollars in State-Subsidized Loans

PUC Continues Development of $10 billion Texas Energy Fund, Selects Project Overseer

by OCSC | Mar 19, 2024 | Generation

Deloitte will build and administer the systems that support the TEF’s loan and grant programs and backup power packages, according to the PUC. ________________________________________________ A global consulting firm has begun developing the state’s new $10 billion...
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