Texas RPS and CREZ May Be Consigned to History

Texas RPS and CREZ May Be Consigned to History

March 25, 2015

by Margarita Fournier; Copyright 2015 by Competitive Assets, LLC.  All rights reserved

While reports in the Dallas Morning News (3/23/15) and Utility Dive (3/24/15) discuss the possibility that Texas is no longer interested in renewables, some Texas legislators acted on 3/24/15 to make that closer to reality. On that day, the Senate Committee on Natural Resources and Economic Development, chaired by Sen. Fraser, favorably voted out Senate Bill 931, relating to the goal for renewable energy (or, Renewable Portfolio Standard) and competitive renewable energy zones (CREZ). The bill would abolish both. When asked about the many comments opposing the bill, Sen. Fraser said that the state is declaring victory and moving on. He added that the CREZ lines are overbuilt, the wind power producers can still come to the state, and that no state has done more for renewable power.

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Posted by CompetitiveAssets on March 25th, 2015

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