Texas Comptroller writes in favor of Prop. 7 that would create the Texas Energy Fund to support electric generating facilities to meet demand in a growing...
Transmission power lines leave an electrical power substation in Plano, Texas, August 17, 2023. It is very evident that fossil fuels will and must remain a crucial part of our energy portfolio for the foreseeable future, writes Glenn Hegar.As we turn from an unbearably hot summer to face the coming winter storm season, energy is at the top of my mind, and not because of so-called extreme weather challenges.
It is very evident that fossil fuels will and must remain a crucial part of our energy portfolio for the foreseeable future. More than 60% of the nation’s electricity generation came from fossil fuels in 2022, including nearly 40% from natural gas, according to the: We’re No. 1 in energy consumption and production, and we produce more energy than we use.
I am paying closer attention to our energy challenges, as the stakes for Texas’ economic future are so high. According to data from ERCOT, about 41% of Texas’ thermal power generation — natural gas, nuclear and coal power — comes from facilities that are more than three decades old.
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