Texas wind, solar industries bruised, not broken, by Legislature

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Texas wind, solar industries bruised, not broken, by Legislature
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Texas wind, solar industries bruised, not broken, by Legislature | Opinion

The 2021 winter storm claimed hundreds of lives and left millions without power during a historic statewide deep freeze. Swiftly, lawmakers and regulators vowed to make Texas’ power grid more reliable and less vulnerable to extreme weather events. Two years later, it’s troublingly unclear whether they accomplished that this session.

Lawmakers passed bills to subsidize companies to build more natural gas-fueled electricity plants that would operate when power reserves are low. The Legislature also created a state-funded, low-interest loan program, pending voter approval, and bonuses to companies that bring new gas-powered electricity plants online faster. Additional costs would be passed to consumers.

But lawmakers also picked an unnecessary fight with solar and wind energy interests with numerous bills designed to handcuff wind and solar power investments. Some last-minute maneuvering allowed renewable energy to emerge from the session with a mild bruising instead of a death blow fromto curtail renewable energy.

The Legislature’s crafting of energy policy hasn’t been an open book this year, and industry experts seriously question whether grid reliability improved this session. New plants are not going to come online soon and older plants will be retired in the coming years. The actual cost of this plan has not been fully calculated, and energy experts suggest that lawmakers missed an opportunity to increase reliability by adopting efficiency measures to reduce the strain on the power grid.

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