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The plan would raise prices and carbon dioxide emissions, and critics say it may not bring reliability.
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And Texas will have $188.2 billion in general revenue for the 2024-2025 fiscal year, a 26% increase from the last biennium.
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Patrick, a Republican from Houston who holds the most powerful position in the state Legislature, said he believes his priorities could be accomplished if the state is “smart” in how it uses its over $27 billion surplus.
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A seasonal report from ERCOT shows the grid should hold up under normal winter conditions. But there are scenarios in which the grid operator would need to institute blackouts like it did in 2021.
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State lawmakers are discussing ways to increase electric grid reliability, but some experts say the proposed changes could hurt renewable energy without bolstering the grid.
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High electricity bills, grid reliability and industry political donations got a lot of attention in the governor's race. But polling suggests voters' minds are now elsewhere.
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On May 4, 1976, a power company based in Texas sent electricity from a substation in Vernon, Texas, to Altus, Okla. By doing so, they were breaking a deal among power companies in Texas to keep electricity within state borders.
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Critics are skeptical about whether the new rules by the Railroad Commission will prevent another catastrophe like the power grid disaster in February 2021.
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While there have been improvements to the grid over the past year and a half, some of the root causes of the blackout are still unaddressed.
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The state power grid operator has been run by an interim chief since the previous CEO was fired following the deadly 2021 winter storm that crashed much of the grid.