Utility Dive: As Senate passes infrastructure bill, Democrats eye opportunity for more energy spending
Aug. 11 — Democrats have also teed up a $3.5 trillion budget reconciliation package that will include a clean electricity payment program, a clean energy technology accelerator, consumer rebates for electrification and clean energy tax credits, according to a summary released by Senate Democrats. The Senate passed the resolution 50-49 on Wednesday morning before the chamber adjourned for summer recess.
Aug. 9 — The Texas power grid operator on Monday forecast demand this week would reach its highest in 2021 as homes and businesses crank up air conditioners to escape another heatwave.
Aug. 11 — Despite the heat, on-peak power at the ERCOT North hub EL-PK-ERTN-SNL, which includes Dallas, traded at $47 per megawatt hour (MWh) for Wednesday. That was well below the $196/MWh average seen so far in 2021 due primarily to price spikes over $8,000 during the February freeze, and compares with 2020’s $26 average and a five-year (2016-2020) average of $33.
Aug. 10 — The bonds don’t require voter approval, and Dallas Morning News “watchdog” Dave Lieber says the Public Utility Commission and Railroad Commission are likely to give the go-ahead.