logo
#

Latest news with #ElectricReliabilityCouncilofTexas

ERCOT given more oversight authority under state bill
ERCOT given more oversight authority under state bill

Axios

time4 days ago

  • Business
  • Axios

ERCOT given more oversight authority under state bill

A newly passed bill would give the state's power grid operator the authority to shut off electricity to industrial users in an emergency. Why it matters: Texas has set new records for peak energy demands two of the past three summers. The state's electricity needs are increasing because of extreme heat and cold, population growth and the booming data center industry. The latest: Senate Bill 6 was sent to Gov. Greg Abbott's desk Friday. The measure gives the Electric Reliability Council of Texas, the state's power grid operator, more oversight of large consumers and their transactions with power generators. The big picture: U.S. electricity demand is projected to rise by 25% by 2030 compared to power needs in 2023. The surge of electricity usage could increase retail rates by 15% to 40%, per a recent report by consulting firm ICF. Threat level: ERCOT predicts the state's summer peak energy demand to nearly double by 2031. Demand could reach as high as 144,522 megawatts in a single day in 2031, per the projections. The grid operator also predicts this summer will set a new peak demand record. Stunning stat: Energy demand this February set a new all-time winter record. Peak demand on Feb. 20 reached 80,525 megawatts. Aug. 10, 2023 holds the all-time summer record with a peak energy demand of 85,508 megawatts. Zoom in: Under the law, ERCOT would have the authority to shut off or curb usage during emergencies.

Bill that would increase oversight of Texas' largest energy users gets initial approval in Texas House
Bill that would increase oversight of Texas' largest energy users gets initial approval in Texas House

Yahoo

time26-05-2025

  • Business
  • Yahoo

Bill that would increase oversight of Texas' largest energy users gets initial approval in Texas House

The Texas House gave initial approval Monday to a bill that would give Texas more oversight over energy transactions between power generators and the state's largest consumers of electricity. Senate Bill 6 also proposes new ways to assess the amount of electricity that is available to the Electric Reliability Council of Texas, the main manager of the state's grid. The bill now returns to the Senate. Legislators in the upper chamber must agree to the changes made to the bill before it goes to Abbott. The bill would give ERCOT the power to oversee energy transactions between power generators and large consumers that don't involve the state's grid. ERCOT would also have the authority to cut their power and use it during an emergency. State Sen. Phil King, R-Weatherford, the bill's author, has said his bill will allow the state to better manage electric supply at times of high demand. Power generators and companies said the new oversight measures proposed by the bill would be excessive for a market accustomed to the free trade of energy without requirements imposed by the state. They have said the bill could discourage companies from doing business in Texas. King said the new rules are not meant to do so. 'I think what this bill is seeking to do is set out clear rules where large load customers that want to come to Texas know what they're getting when they get here,' said state Rep. Ken King, R-Canadian, who sponsored the bill in the lower chamber. The bill would also require companies to disclose whether they have other projects in the state. Sen. Phil King said this would give ERCOT information to better predict and meet energy demands in the future more accurately. That's necessary to determine the state's electricity needs without overbuilding, which would result in higher rates for everyday consumers, he said. Texas will need almost double the electricity it consumes today to meet a demand driven mainly by data centers and the oil and gas industry, a demand that ERCOT President Pablo Vegas said the grid, in its current state, is capable of meeting when that demand arrives. Lawmakers added and removed some provisions from the bill during a debate in the House on Monday. One amendment got rid of a previously accepted proposal by state Rep. Drew Darby, R-San Angelo, which gave new large businesses in Texas the option to get electricity faster from the grid if they let ERCOT reduce their power consumption at will. Another amendment approved Monday, introduced by state Rep. Richard Peña Raymond, D-Laredo, would inject any excess electricity back into the grid and use any money from selling that energy to lower water bills for electricity ratepayers. First round of TribFest speakers announced! Pulitzer Prize-winning columnist Maureen Dowd; U.S. Rep. Tony Gonzales, R-San Antonio; Fort Worth Mayor Mattie Parker; U.S. Sen. Adam Schiff, D-California; and U.S. Rep. Jasmine Crockett, D-Dallas are taking the stage Nov. 13–15 in Austin. Get your tickets today!

Extraordinary heatwave in Texas surpasses Death Valley temperature — and it's pushing the state's power grid to the brink
Extraordinary heatwave in Texas surpasses Death Valley temperature — and it's pushing the state's power grid to the brink

Yahoo

time16-05-2025

  • Climate
  • Yahoo

Extraordinary heatwave in Texas surpasses Death Valley temperature — and it's pushing the state's power grid to the brink

Texas is no stranger to summer heat, but an early-season scorcher this week is breaking records — and raising serious concerns. Temperatures in parts of the Lone Star State have soared higher than Death Valley, one of the hottest places on Earth. And as Texans crank up their ACs to cope, the state's already strained power grid is feeling the pressure. As the Guardian detailed, a record-breaking heatwave has taken hold across central and southern Texas, with cities experiencing temperatures between 100 and 111 degrees Fahrenheit. On Wednesday, Austin hit 101 degrees by 5 p.m. local time, surpassing its previous record of 97 degrees set in 2022. Some forecasts even predicted a high of 105 — nearly 20 degrees above the city's average for May. The National Weather Service called it "unseasonably hot weather" and warned residents to stay hydrated and avoid outdoor activities. But the heat isn't just uncomfortable — it's dangerous. Prolonged exposure without adequate cooling or hydration can lead to severe health risks, particularly for vulnerable populations. At the same time, electricity use surged to a new May record of over 78,000 megawatts, according to the Electric Reliability Council of Texas. Experts say demand is being pushed even higher by an influx of industrial development, including energy-hungry crypto mining operations. Extreme weather events aren't new, but scientists are clear: human-made air pollution is making them worse. By burning dirty energy sources like oil, gas, and coal, we're trapping more heat in the atmosphere — which means events like this one are becoming more frequent, more intense, and more dangerous. Last year was officially Earth's hottest on record, and the past decade has been the warmest in at least 175 years. That trend doesn't just mean hotter days — it also spells trouble for public health, food systems, infrastructure, and household energy bills. Texas' early heatwave is a sobering reminder of how vulnerable we are to rising temperatures — and how urgently we need clean, affordable solutions. Do you think your city has good air quality? Definitely Somewhat Depends on the time of year Not at all Click your choice to see results and speak your mind. Fortunately, there are promising developments underway. Policies like the Inflation Reduction Act are helping more people access cleaner, more efficient energy — including rebates for heat pumps, energy-saving appliances, and rooftop solar. Cities across the U.S. are also investing in cooling infrastructure and climate-resilient building design. At the individual level, simple actions can add up: insulating your home, using energy-efficient appliances, and installing solar panels with a backup battery system can lower your energy bills and keep you safer during extreme weather events. EnergySage offers a free service that helps homeowners compare vetted solar installers and save up to $10,000 — and it's a smart step toward future-proofing your home in the face of rising temperatures, since it can enable you to have access to power independent from the grid while still having the grid as well as needed. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.

Texas may put restraints on new big businesses hoping to tap into the energy grid
Texas may put restraints on new big businesses hoping to tap into the energy grid

Yahoo

time07-05-2025

  • Business
  • Yahoo

Texas may put restraints on new big businesses hoping to tap into the energy grid

ODESSA — Texas will need a lot more energy in the future. Driven largely by demand from businesses such as data centers and the oil and gas industry, the Electric Reliability Council of Texas, the state's grid operator, predicts the state's energy needs will nearly double in six years. State Sen. Phil King, R-Weatherford, worries ERCOT is not working with a full picture. He told a legislative panel as much in February. 'We do not have accurate load forecasting. No one knows if the forecast is real,' he said. Large companies, he added, are requiring ERCOT to plan 'for load growth at dramatically higher levels than experienced ever in the history of Texas, and frankly, ever in the history of the United States.' And 'without credible data, we run the risk of overbuilding, with high costs being passed on to consumers, or underbuilding, further exacerbating scarcity,' he said. [Renewable energy companies face little regulation in Texas. A state lawmaker wants to change that.] He believes his legislation, Senate Bill 6, will put restraints on the state's open-energy market, and help the grid plan for the future to save rate payers money and avoid another catastrophe when extreme weather strikes again. The bill, which has already won Senate approval and is expected to start its journey in the Texas House Wednesday with a committee hearing, would place more requirements on businesses meant to help ERCOT better forecast the electricity needs. Businesses would also have to pay more in advance of operating. While business groups have said they agree the grid needs more security, they believe King's bill is too heavy-handed. They said some of his proposals won't help ERCOT's planning and put their operations at risk. They want changes to the bill, such as removing language that would grant ERCOT the ability to disconnect power to major energy users during an emergency, and new rules on arrangements between power generators and companies. Michael Jewell, an attorney who has represented large industrial companies on energy issues and policy, said King's legislation will need to strike a balance between addressing the growth without scaring companies away. 'This legislation is important to finding that balance, that we can bring these large loads into the ERCOT region, grow the Texas economy, and support the development of this technology,' he said. 'But we also want to be sure that we, as Texans, will continue to have reliable electricity.' King's bill only applies to industrial-sized facilities, or those needing more than 75 Megawatts. Under the bill, businesses wanting to plug into the grid must disclose whether they have similar requests elsewhere in Texas or out of state. Companies must tell ERCOT if their backup generators can meet at least 50% of their power. During an emergency, ERCOT could instruct facilities to use that power, instead of the grid. Another provision allows ERCOT to shut off a facility's power in an emergency. ERCOT must give the facilities a day's notice. Facilities sometimes negotiate directly with power generators, like gas-fired plants, to satisfy their electricity needs without connecting to the grid. The bill gives the Public Utility Commission, which regulates electricity and some water and wastewater, authority over such arrangements, allowing it to approve or reject them, in addition to 180 days of review. Companies would also have to pay an electric, municipal utility or a cooperative at least $100,000 to study the transmission work necessary to transport electricity to their facilities. Companies must also demonstrate that they can afford to contribute to the construction of transmission lines and purchase any equipment or services. The bill also directs the utility commission to determine how to better allocate transmission costs, including looking at peak demand, the point at which supply meets demand. King acknowledged the strain on the state's power grid means more businesses are moving to Texas, something he supports. 'I want to make it very clear that while this load growth is a strain on the ERCOT grid, it is also an excellent opportunity for the state of Texas,' King said in February. 'So long as we manage it properly (and) not create reliability risks or pricing issues for everyday Texans.' Groups consisting of the facilities King is targeting said parts of his proposals won't benefit ERCOT's efforts to make the grid reliable or lower prices. Dan Diorio, a government affairs expert for the Data Center Coalition, a national group, said it is supportive of the goals the bill is trying to reach. But in its current form, the group said it has lingering concerns as the bill moves through the House, including a provision requiring companies to disclose information that he said is unnecessary for the grid, such as out-of-state requests for electricity. He said ERCOT can separate serious requests within Texas. 'This is a highly competitive industry,' he said. 'So not only do we have competitive concerns about that, because this is proprietary information, but how is that going to inform the forecast correctly?' He said diesel makes up most backup power generation, and is a fuel overseen by the federal government and the Texas Commission on Environmental Quality. Forcing companies to run emergency generators could lead to air emissions violations and air pollution, Diorio said. Diorio added that the information data centers collect and maintain — including from local and state authorities — could be put at risk when the system shuts down. Proposing to shut off power, even with a notice, could risk public safety, adding that the bill does not offer enough specificity regarding how the shut-off would be implemented. Walt Baum, president of Powering Texans, a group representing natural gas power generators, said the bill imposes administrative requirements on agreements between power companies and facilities. In this case, the company would pay the power generator directly for the needed electricity. Baum said a company could otherwise go directly to the grid, drawing out the same amount of electricity it would have gotten from the generator directly. The amount of energy used would not change. 'And the impact on the grid is the same,' he said. First round of TribFest speakers announced! Pulitzer Prize-winning columnist Maureen Dowd; U.S. Rep. Tony Gonzales, R-San Antonio; Fort Worth Mayor Mattie Parker; U.S. Sen. Adam Schiff, D-California; and U.S. Rep. Jasmine Crockett, D-Dallas are taking the stage Nov. 13–15 in Austin. Get your tickets today!

Vesper Energy begins commercial operations at Texas Hornet Solar
Vesper Energy begins commercial operations at Texas Hornet Solar

Yahoo

time14-04-2025

  • Business
  • Yahoo

Vesper Energy begins commercial operations at Texas Hornet Solar

US renewable energy project developer Vesper Energy has commenced commercial operations at its 600 megawatts alternating current (MWac)/745 megawatts defined conditions (MWdc) Hornet Solar project in Swisher County, the US state of Texas. The 4,000-acre project comprises more than 1.36 million solar modules. It is one of the largest solar installations in the US, capable of powering 160,000 homes. The solar project utilises bifacial photovoltaic modules installed on a single-axis tracking system, optimising efficiency and energy production. The project is connected to Oncor Electric's transmission system within the Electric Reliability Council of Texas framework and has secured contracts to supply power to four off-take partners through separate PPAs. Vesper Energy co-chief executive officer Juan Suarez stated: 'Hornet Solar is a testament to how large-scale energy projects can deliver reliable, domestic power to American homes and businesses. 'This project isn't just about solar panels — it's about making energy more affordable while strengthening our nation's energy security. With Hornet Solar fully operational, we're helping power a community with domestically generated electricity, ensuring businesses and communities have the energy they need to grow and thrive.' Construction of the project began in the autumn of 2023. During its construction phase, the project generated more than 300 jobs. Vesper Energy secured $590m in financing to advance the project in January 2024. The Hornet Solar project is expected to inject more than $100m in new tax revenue into the local economy, including $61m for the Tulia Independent School District, $25m for Swisher County and $12m for the Swisher Memorial Hospital District. Vesper Energy engineering, procurement and construction vice-president Zach Wald stated: 'The scale of Hornet Solar speaks for itself — 1.36 million panels, over six square miles and 600MW of capacity. But the real impact is what this project delivers to Swisher County: more than $100m in new tax revenue and meaningful investments in schools, infrastructure and healthcare.' In June 2024, Vesper Energy sold its two solar facilities to UK-based Octopus Energy. "Vesper Energy begins commercial operations at Texas Hornet Solar" was originally created and published by Power Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store