The Turbulent State of Energy in Texas.
TL;DR Summary
Texas plans to spend billions of dollars to subsidize natural gas plants to prevent more blackouts after renewable subsidies distorted and destabilized the state's electric grid, resulting in a week-long power outage during the February 2021 freeze. The move aims to level the playing field for natural gas plants that provide reliable power but can't make money due to competition from subsidized renewable energy.
- A Texas-Sized Energy Fiasco - WSJ The Wall Street Journal
- Clean Energy Is Thriving in Texas. So Why Are State Republicans Trying to Stifle It? InsideClimate News
- A plan for Texas to build its own power plants could cost $7 billion more than expected The Texas Tribune
- Texas Senate approves bills aiming to prevent power shortages KBTX
- Texas electricity bills could rise more frequently under bill Houston Chronicle
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