Buffett’s Berkshire Hathaway Energy wants to build 10 electric plants in Texas, for use when demand peaks or other plants falter. And it’s the first time a price tag has been attached to a remedy since last month’s deadly storm.
Energy
In-depth reporting on oil, gas, renewable power, and policies shaping the future of energy in Texas from The Texas Tribune.
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Winter Storm 2021
Warren Buffett group lobbying Texas lawmakers for deal to build $8 billion worth of power plants for emergency use
In return, lawmakers would agree to create a revenue stream for Buffett’s Berkshire Hathaway through an additional charge on Texans’ power bills.
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Texas Legislature 2021
Texas’ natural gas and power generators would have to prepare for extreme temperatures under bill Senate committee approved
The wide-ranging proposal includes a number of reforms that have been floating around the state Capitol since last month’s deadly winter storm left millions without electricity during freezing temperatures.
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Winter Storm 2021
U.S. House committee holds hearing on Texas’ massive power outages during deadly winter storm
At least 57 people died during the winter storm that plunged much of Texas into subfreezing temperatures and caused widespread power outages for days.
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Economy
Texas’ last Public Utility Commission member resigns at Gov. Greg Abbott’s request
Arthur D’Andrea was the only remaining member of the three-seat commission that regulates the state’s electric, telecommunication, water and sewer utilities.
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Point of Order
Point of Order: Former Texas House Speaker Joe Straus explains why he voted for Joe Biden last year
In the latest episode of our podcast about the Texas Legislature, Evan Smith talks to former speaker of the Texas House Joe Straus about life as a civilian, what he’d do about repricing electricity, the conservative case for expanding Medicaid, why he didn’t vote for Donald Trump — twice — and whether he’ll run for something again.
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Winter Storm 2021
Experts fear reversing electricity prices from winter storm could make things worse
It is unclear who would be helped or hurt — and by how much — if lawmakers try to revise electricity market prices charged during the winter storm.
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Winter Storm 2021
California cities banned natural gas in new buildings. Texas wants to outlaw those bans.
A bill to stop cities from banning natural gas as a fuel source for heating homes and other buildings is being advanced as priority storm-response legislation following the February power outages.
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Winter Storm 2021
Texas’ chief energy regulator fiercely defended fossil fuels after historic blackouts. She also profits from oil and gas.
Railroad Commission Chair Christi Craddick and her father have financial ties to oil and gas. Other state officials who have oversight over the industry also had significant financial interests in it.
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Energy
Texas power crisis prompts Texas House panel to advance several bills, including one requiring plants to prep for extreme weather
The bills, which include mandating weatherization of power plants, reforming the ERCOT board and creating a state emergency communications system, are “a work in progress.”