Utility Dive: As Senate passes infrastructure bill, Democrats eye opportunity for more energy spending

Aug. 11 — Democrats have also teed up a $3.5 trillion budget reconciliation package that will include a clean electricity payment program, a clean energy technology accelerator, consumer rebates for electrification and clean energy tax credits, according to a summary released by Senate Democrats. The Senate passed the resolution 50-49 on Wednesday morning before the chamber adjourned for summer recess.

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Reuters: Texas power demand expected to hit 2021 highs during heatwave

Aug. 9 — The Texas power grid operator on Monday forecast demand this week would reach its highest in 2021 as homes and businesses crank up air conditioners to escape another heatwave.

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Reuters: Texas power demand to hit 2021 high during Wednesday heat

Aug. 11 — Despite the heat, on-peak power at the ERCOT North hub EL-PK-ERTN-SNL, which includes Dallas, traded at $47 per megawatt hour (MWh) for Wednesday. That was well below the $196/MWh average seen so far in 2021 due primarily to price spikes over $8,000 during the February freeze, and compares with 2020’s $26 average and a five-year (2016-2020) average of $33.

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Texas Standard: Energy Companies Want Texas Taxpayers To Cover $6.5 Billion In Winter Storm Debts

Aug. 10 — The bonds don’t require voter approval, and Dallas Morning News “watchdog” Dave Lieber says the Public Utility Commission and Railroad Commission are likely to give the go-ahead.

 

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