Articles filed under Energy Policy from Texas

Unprepared again: Texans urged to limit power use through Friday as temps rise and some power generation goes offline

With start of summer a week away, ERCOT calls for conservation Official says it’s concerning but points to generator owners; Temperatures reached the upper 90s in Dallas on Monday, as ERCOT asked Texans to reduce electricity usage through Friday. It’s notable because it comes so early in the summer season, said Doug Lewin, an independent energy consultant.
15 Jun 2021

Texas renewables defy GOP backlash with $20 billion in projects

Despite the rosy data, the storm will have some effects on clean energy development in Texas. While projects are still moving forward there, developers and investors are rethinking their risk and some weaker projects may not get built in the wake of the storm, said Daniel Sinaiko, a lawyer who represents renewable energy clients for the law firm Allen & Overy. That could include projects that are higher risk, less certain to bring in a profit, or less likely to find a buyer after completion. “The tax investors and the lenders are lining their contracts with covenants and reserves, things that cause the sponsor to be on the front edge of wearing the risks,” he said.
9 Jun 2021

Texas Senate passes bill aiming to counter federal subsidies for wind and solar power

The fees are included in a bill that is the most wide-ranging response yet to pass the Texas Senate dealing with the power outages from the winter storms. Beside the fees on solar and wind producers, the legislation would create an alert system to warn Texans about impending power outages, and would require all electricity providers to weatherize their facilities and transmission lines — a major source of the midstorm power outages. It would also prohibit the wholesale electric index plans that resulted in astronomical bills for some consumers.
29 Mar 2021

Why is China Buying Texas?

Experts warn the Chinese will be able to monitor and potentially interfere with air traffic at America’s largest pilot training facility at Laughlin. The project gives the Chinese communists a foothold in the Texas power grid. As now-retired Lt. Gen. Steven Kwast points out, if the power or water stops, Laughlin AFB stops working. “It triggered alarms the first time that we got evidence of Chinese money.”
25 Mar 2021

Texas’ blackouts blew in on the wind

For every 39 cents the oil-and-gas industry received in federal taxpayer subsidies from 2010 to 2019, the wind industry received $18.86, 48 times as much, and the solar industry received $82.46, 211 times as much. By 2029 Texans will have spent $2.5 billion subsidizing wind and solar farms through local property-tax abatements and $14 billion building the Competitive Renewable Energy Zone’s transmission lines through their electricity bills. While most businesses must pay to bring their product to market, wind and solar get a free ride from Texas taxpayers.
19 Mar 2021

Wind power was thriving in Texas. Then came the freeze

If nothing is done to unwind the power prices, they wrote, at least 46 projects totaling nine gigawatts of capacity “would suffer severe financial losses.” There are 31.9 gigawatts of wind power on the main Texas grid, and half or more were financed with hedged contracts, according to market observers.
4 Mar 2021

After 45 hours with no electricity, some top takeaways from the Texas blackouts

The first and most important point is this: We ignore the fragility of the electric grid at our peril. The Texas Blackouts are a stark reminder that the electric grid is our biggest, most important, and most complex network. Its strategic importance to our society cannot be overstated. The electric grid is the mother network, the network upon which all of our most-critical networks depend. We must pay more attention to its resilience and reliability.
26 Feb 2021

Despite Texas denial, AEP to buy $2B in wind energy

On July 2, the Public Utility Commission of Texas denied a request by AEP affiliate Southwestern Electric Power Co. to use its Texas customers' rates to finance the acquisition of a giant wind farm complex in Oklahoma ...The three-member Texas commission said the project didn't lay out clear enough benefits to consumers to justify their up-front investment. While some big companies have championed renewable energy, the farm had been opposed by major Texas consumer groups.
7 Jul 2020

Texas’ impending reliability issues with wind power

The close call in Texas in mid-August should be a lesson for ERCOT to rethink how it is valuing dispatchable, baseload power. The addition of more intermittent capacity to the market will likely make the reliability challenges Texas is facing only more difficult to manage. Further, the 100% renewable goal that several states have instituted should be viewed as a farce as the City of Georgetown recently discovered.
19 Sep 2019

Trouble in Texas is a warning for other states about possible power shortages from sources that depend on the weather

On August 12, a heatwave drove electricity demand in Texas to an all-time high. Electricity prices across the Texas power grid surged 36,000 percent, to roughly $6,537 per megawatt-hour—far higher than the average Texas price of $20 to $30 per megawatt-hour. Not only did electricity demand climb enormously as Texans cranked their air conditioners in 100-degree weather, but electricity generation at Texas wind farms simultaneously fell 50 percent due to lack of wind in the hot, listless air.
4 Sep 2019

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