Power Magazine reports:
A nonprofit environmental group said at least 130 natural gas-fired power plant projects are planned in Texas over the next few years as part of that state’s effort to meet growing demand for energy. The Washington, D.C.-based Environmental Integrity Project (EIP), in a report published June 11, said the projects would provide more than 58 GW of new generation capacity, while noting that many of the proposed facilities may not move beyond the planning stage.
The group noted the build-out is supported by the Texas Energy Fund, a taxpayer-supported program created by state lawmakers that provides grants and loans for construction of power generation projects. The fund was created in the wake of the February 2021 Uri winter storm, when as estimated 10 million Texans lost power, prompting officials to look at how to avoid future blackouts caused by extreme weather or other events.
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