Texas Nuclear Fund Gets a House Hearing: Grid Roundup #46

Batteries exceed 4,500 megawatts as thermal outages rise; House Committee to hear HB 14 nuclear bill; SB 388 & 6 soon to be on the Senate floor; ERCOT says Kinder Morgan payment is 1000 days past due.

In this issue:

• Despite pleasant spring weather, batteries nearly hit a record Sunday, serving 10% of demand as thermal outages were up significantly to over 28,000 megawatts.

• House Committee will hear House Bill 14 to create the Texas Advanced Nuclear Energy Fund

• SB 388 and SB 6 were placed on the Senate intent calendar and will likely be on the Senate floor this week. SB 388 would severely curtail the growth of the Texas economy while accelerating the growth of electric bills.

• ERCOT says Kinder Morgan is over 1,000 days past due for a fee the agency says they haven’t paid

Today is Day 64 of the 140 day legislative session. The bill filing deadline was Day 60, last Friday. There are over 3,000 Senate bills and over 5,600 House bills filed this year. That’s up about 10% from last year. Now comes the time for the chambers to choose what they’ll prioritize. Mark your calendar for a subscriber-only Zoom presentation looking at recent trends and developments in ERCOT, as well as a review of the policy proposals under consideration at the Legislature.

The upcoming presentation, the rest of this Grid Roundup and all of the previous ones — along with the archives, past special presentations, select Energy Capital Podcasts, including one with former Commissioner Jimmy Glotfelty, and more — are for paid subscribers only. If you aren’t yet a paid subscriber, please become one today.