“Texas generates the most renewable energy in the nation. Three Republican bills being advanced by the state legislature could halt Texas’ green energy progress and give fossil fuels a leg up in the state’s energy market.
Senate Bill 388, which has passed the state Senate, would require at least 50 percent of power generation installed after January 1, 2026, to come from “dispatchable” energy sources, which include natural gas, nuclear power, and coal. This bill effectively subsidizes fossil fuel projects by requiring utility providers to purchase power generation credits from dispatchable energy sources.”
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“A report from Aurora Energy Research estimates that this bill would add $5.2 billion to Texas power prices over the next decade; residents could pay an extra $200 per year in energy costs.”
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“Using the “police power” of the state ignores what regulators and the market are saying: Texas needs every energy source to meet future demand. That includes renewables.”