HB 4887

89R16094 CS-D
		By: Lalani
  H.B. No. 4887
  A BILL TO BE ENTITLED
  AN ACT
  relating to the provision of loans and grants from the Texas energy
  fund for certain electric generating facilities.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Subchapter A, Chapter 34, Utilities Code, is
  amended by adding Section 34.01015 to read as follows:
         Sec. 34.01015.  APPLICABILITY.  For the purposes of this
  chapter:
               (1)  an electric generating facility is considered to
  be dispatchable if the facility's output can be controlled
  primarily by forces under human control; and
               (2)  an electric generating facility that uses
  petroleum, natural gas, coal, geothermal energy, hydroelectric
  energy, or nuclear energy as the primary energy source is
  considered to be dispatchable.
         SECTION 2.  Section 34.0104(a), Utilities Code, is amended
  to read as follows:
         (a)  The commission may use money in the fund without further
  appropriation to provide loans to finance upgrades to existing
  dispatchable electric generating facilities providing power for
  the ERCOT power region that result in a net increase of at least 100
  megawatts of capacity for each facility or the construction of
  dispatchable electric generating facilities providing power for
  the ERCOT power region that each have a generation capacity of at
  least 100 megawatts.  [For the purposes of this section, a
  generating facility is considered to be dispatchable if the
  facility's output can be controlled primarily by forces under human
  control.]  An electric energy storage facility is not eligible for
  a loan under this section.
         SECTION 3.  Section 34.0105(a), Utilities Code, is amended
  to read as follows:
         (a)  The commission shall provide, using money available in
  the fund for the purpose without further appropriation, a
  completion bonus grant for the construction of dispatchable
  electric generating facilities in the ERCOT power region.  [For the
  purposes of this section, a generating facility is considered to be
  dispatchable if the facility's output can be controlled primarily
  by forces under human control.]  An electric energy storage
  facility is not eligible for a grant under this section.
         SECTION 4.  This Act takes effect September 1, 2025.