Texas has recently enacted significant legislation to advance nuclear energy development within the state. These bills, House Bill 2846, Senate Bill 1061, and Senate Bill 1535, collectively reshape the state’s strategy, signaling a dedication to fostering the growth of the nuclear sector. A key component of this initiative is the creation of the Texas Advanced…

Texas has approved Senate Bill 6, a legislative response to the anticipated surge in power demand projected to double by 2030. This growth is primarily fueled by the burgeoning data center industry and expanding industrial operations within the state. The core of SB 6 focuses on ensuring the power grid can handle this increased load…

Texas lawmakers recently approved a series of bills addressing diverse areas, with several impacting finance and energy. One notable measure, Senate Bill 21, establishes a Texas Bitcoin Reserve, designating Bitcoin as a primary investment currency and recognizing its potential as a digital asset, subject to a minimum market capitalization threshold. Alongside this, House Bill 120…

A recent analysis identifies Texas as the second most vulnerable state for summer power disruptions, trailing only Michigan. The assessment, conducted by Wolf River Electric, examined widespread outages affecting over 5,000 utility customers between 2019 and 2023. Texas recorded 7,164 summertime power outages during that timeframe. While Michigan experienced a higher number of overall summertime…

Texas faces potential job losses exceeding 100,000 due to the implications of recent budget legislation. This week’s reading and podcast selections focus on various energy-related concerns within the state. The performance of ERCOT’s connect-and-manage protocols has been a key area of examination. Another point of concern is the high rates of return currently seen in…

Texas is making a significant investment in its energy future, recently approving House Bill 14 which establishes a $350 million fund dedicated to nuclear energy initiatives and a corresponding state nuclear energy office. While the nuclear sector initially requested $2 billion, the legislative compromise settled on the $350 million figure as a pragmatic beginning—a sum…

CenterPoint Energy is bolstering the state’s power grid by deploying 15 temporary emergency power generation units to San Antonio. This initiative, spanning two months for deployment and potentially lasting up to two years in service, aims to provide crucial support for Texas’s energy infrastructure and mitigate potential power shortages in the San Antonio area. The…

The evolving landscape of grid planning is undergoing a significant transformation, particularly concerning how generators interconnect with the power grid. Historically, the “Connect and Manage” (C&M) approach was common, allowing generators to access the grid without guaranteed transmission pathways. While initially appearing faster and less expensive, C&M left generators facing uncertain revenue and often resulted…

A long-dormant air route has been revived, with the first direct flight between the United States and Greenland taking place since 2008. The inaugural flight, remarkably, occurred on former President Donald Trump’s birthday. The journey, facilitated by Norse Atlantic Airways, began at New York’s John F. Kennedy International Airport and concluded in Kangerlussuaq, Greenland. This…