Demand from large-scale users could strain Texas power grid, ERCOT chief says

REA Response

By advancing carbon capture, utilization, and storage (CCUS) and the hydrogen economy, we can bolster ERCOT's capacity and ensure the resilience of our electric grid.

Demand from large-scale users could strain Texas power grid, ERCOT chief says

The Dallas Morning News, Apr. 24, 2024

AUSTIN – A growing number of industrial-scale users could strain the Texas power grid, setting the stage for a massive buildup of transmission lines across the state, ERCOT’s chief announced Tuesday.

Large-scale power users in the Permian Basin and an influx of artificial intelligence data centers and bitcoin miners have led ERCOT to forecast a 37% jump in electricity demand from industrial-sized users. That’s on top of a 2023 forecast that already anticipated a vast amount of new demand by the end of the decade.

Read the full article here.

Texas signs largest offshore lease for carbon capture and storage in U.S. history

REA Response Big news for the Lone Star State! The Texas General Land Office has leased over 271,000 acres off the Gulf Coast to ExxonMobil for an innovative carbon capture project, marking the largest offshore CO2 lease in the nation! Texas signs largest offshore lease for carbon capture and

Gov. Abbott Applauds Texas Job Market

REA Response Texas needs to invest in reliable energy for future economic growth and to meet our state’s growing demand for power. Carbon capture is essential for meeting business energy demands while ensuring Texas remains the nation’s economic leader. Gov. Abbott Applauds Texas Job Market The Dallas Express, Sept. 21,

AI’s energy appetite too big for Texas grid, regulators warn

REA Response Texas A&M is partnering in a $26 million project to advance carbon conversion technology, turning waste CO2 into valuable products including biofertilizers, chemicals, and eco-friendly materials. AI’s energy appetite too big for Texas grid, regulators warn The Register, Oct. 4, 2024 Updated As the saying goes, everything is

REA Response