ERCOT CEO: Texas power grid can meet unprecedented electricity demand growth

REA Response

Texas can not only meet its escalating energy demands with fewer emissions but also pave the way for a more sustainable and resilient energy future with CCUS and the hydrogen economy.

ERCOT CEO: Texas power grid can meet unprecedented electricity demand growth

The Houston Chronicle, Apr. 23, 2024

The head of the Texas power grid operator sought to assure the public that the state would have enough power to meet projected business and residential growth, following buzz in the energy world arising from unprecedented projections of how much electricity Texas would need by the end of the decade.

The Electric Reliability Council of Texas expects peak power demand on its grid to increase nearly 78% by 2030 to 152 gigawatts — including 62 gigawatts of demand that have filed plans to potentially connect to the grid.

Read the full article here.

Half of Texans don’t think the power grid will hold up this summer: Poll

REA Response A majority of Texans are deeply concerned about a widespread electrical grid failure this summer. Given the anticipated increase in electricity demand, advancing CCUS is the best path to meet energy needs with fewer emissions. Half of Texans don’t think the power grid will hold up this summer:

ExxonMobil taps Air Liquide for low-carbon hydrogen project

REA Response ExxonMobil and Air Liquide teamed up for a $850 million investment in Baytown, to expand low-carbon hydrogen production. Texas is set to lead in producing affordable hydrogen for a reliable energy future. ExxonMobil taps Air Liquide for low-carbon hydrogen project Utility Dive, Jun. 26, 2024 Dive Brief: ExxonMobil

Texas power grid risk this summer is ‘about the same to slightly improved’ from last summer

REA Response It’s clear that ERCOT requires a more reliable and affordable power supply to meet weather demands. While renewable energy sources contribute to our electric grid, carbon capture and storage stands out as a proven technology to develop more reliable dispatchable power. Texas power grid risk this summer is

REA Response