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Public Utility Commission Of Texas

All articles tagged with #public utility commission of texas

texas-news1 year ago•6 min saved

Gov. Abbott Demands Urgent Action from CenterPoint Amid Beryl Blackout Crisis

Governor Greg Abbott criticized CenterPoint Energy for its slow response to power outages caused by Hurricane Beryl and demanded a detailed plan to improve future reliability. He ordered an investigation into the utility's practices and warned of potential executive action if improvements are not made. Lt. Gov. Dan Patrick announced upcoming Senate hearings to question CenterPoint's business practices. CenterPoint acknowledged customer frustrations and committed to restoring power and improving future responses.

via The Texas Tribune|

#centerpoint-energy #greg-abbott #hurricane-beryl

energy2 years ago•2 min saved

Texas Voters Approve Billions in Funding for Power Plants and Grid Reliability

Texas voters have approved a constitutional amendment creating the Texas Energy Fund, which will inject $10 billion into energy infrastructure, including $7.2 billion for power plant construction. The Public Utility Commission of Texas will oversee the fund, a new responsibility for the agency. However, doubts remain about the effectiveness of the incentive program in spurring investment in natural gas power plants, as underlying market realities make building new plants a risky bet. The money will be distributed as low-interest loans, but there are concerns about the ability to recoup the investment due to advances in energy technology and the transition away from fossil fuels. The Texas Energy Fund will also support energy resilience projects and grid overhauls.

via KUT|

#energy #grid-reliability #natural-gas