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A BILL TO BE ENTITLED
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AN ACT
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relating to the provision of loans and grants from the Texas energy |
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fund for certain electric generating facilities. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter A, Chapter 34, Utilities Code, is |
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amended by adding Section 34.01015 to read as follows: |
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Sec. 34.01015. APPLICABILITY. For the purposes of this |
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chapter: |
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(1) an electric generating facility is considered to |
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be dispatchable if the facility's output can be controlled |
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primarily by forces under human control; and |
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(2) an electric generating facility that uses |
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petroleum, natural gas, coal, geothermal energy, hydroelectric |
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energy, or nuclear energy as the primary energy source is |
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considered to be dispatchable. |
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SECTION 2. Section 34.0104(a), Utilities Code, is amended |
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to read as follows: |
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(a) The commission may use money in the fund without further |
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appropriation to provide loans to finance upgrades to existing |
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dispatchable electric generating facilities providing power for |
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the ERCOT power region that result in a net increase of at least 100 |
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megawatts of capacity for each facility or the construction of |
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dispatchable electric generating facilities providing power for |
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the ERCOT power region that each have a generation capacity of at |
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least 100 megawatts. [For the purposes of this section, a |
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generating facility is considered to be dispatchable if the |
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facility's output can be controlled primarily by forces under human |
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control.] An electric energy storage facility is not eligible for |
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a loan under this section. |
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SECTION 3. Section 34.0105(a), Utilities Code, is amended |
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to read as follows: |
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(a) The commission shall provide, using money available in |
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the fund for the purpose without further appropriation, a |
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completion bonus grant for the construction of dispatchable |
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electric generating facilities in the ERCOT power region. [For the |
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purposes of this section, a generating facility is considered to be |
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dispatchable if the facility's output can be controlled primarily |
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by forces under human control.] An electric energy storage |
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facility is not eligible for a grant under this section. |
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SECTION 4. This Act takes effect September 1, 2025. |