The Texas Energy and Power Newsletter

The Texas Energy and Power Newsletter

Senate's power plant buying spree would cost $8 billion more than early estimates

The LCRA hires lobbyists and is written into SB 6, entering the sweepstakes for $18 billion in taxpayer and ratepayer money

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Doug Lewin
Apr 11, 2023
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When conversations picked up this year about the rebirth of the “Berkshire Hathaway bill” of 2021 — the then-$8 billion plan from Warren Buffett’s financial giant for the state build 10,000 megawatts of rarely used gas plants — rumors flew that the Lower Colorado River Authority (LCRA) was working behind the scenes to get a piece of the action. 

The thin…

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