Texas
Texas regulators have approved two more applications under the Texas Energy Fund’s completion-bonus program, making the generation resources eligible for more than $100 million in grants.
ERCOT’s Board of Directors has approved staff’s proposed 765-kV Eastern Backbone project and its $9.4 billion capital cost price tag, making it the most expensive project in the grid operator’s history.
U.S. electricity outage hours reached their highest levels in a decade in 2024 due to the impact of Hurricanes Beryl, Helene and Milton, the EIA reported.
The Texas Public Utility Commission signed a sixth loan agreement through the Texas Energy Fund’s in-ERCOT loan program, up to $370 million for a new 455-MW gas-fired plant in the Houston area.
MISO announced it will honor a request from Texas regulators and include southeastern Texas in its first long-range transmission study for MISO South.
Texas regulators approved ERCOT’s methodologies for determining minimum ancillary services for 2026 while hinting at the same time that they are considering discontinuing the use of conservative operations.
Reports of the energy storage industry’s demise are greatly exaggerated, experts said during the American Clean Power Association’s annual Energy Storage Summit.
ERCOT can ensure long-term reliability with its energy-only market, but it must operate its grid less conservatively for that to happen, said Potomac Economics President David Patton.
Texas Gov. Greg Abbott appointed Morgan Johnson to the Public Utility Commission, adding a fourth member to the five-person panel.
ERCOT has told its market participants that the Texas attorney general's office has served the grid operator with a civil investigation demand in connection with an ongoing investigation.
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