ERCOT enters 'new era' as it stares down unprecedented demand growth by 2030

REA Response

Expanding CCUS is essential in addressing our state's energy demands while securing a reliable and affordable energy future.

ERCOT enters 'new era' as it stares down unprecedented demand growth by 2030

San Antonio Express-News, Apr. 23, 2024

The state power grid boss is facing what could be his biggest challenge yet as the state stares down unprecedented load growth and doubled demand by the end of the decade.

As a result, Electric Reliability Council of Texas CEO Pablo Vegas says the grid he oversees is entering “a new era of planning” to ensure everyone from regular Texans to those drilling for oil and gas in the Permian Basin have the power they need.

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