Texas Energy Fund projects could cut scarcity pricing, boost gas demand, prices

Texas regulators’ decision to pursue possible Texas Energy Fund financing for about 9.8 GW of new dispatchable generation projects, almost all using natural gas, may reduce scarcity pricing if they are approved, industry observers said Sept. 3, but it could increase natural gas demand and prices. The Public Utility Commission of Texas approved a portfolio of 17 dispatchable generation projects…Texas regulators’ decision to pursue possible Texas Energy Fund financing for about 9.8 GW of new dispatchable generation projects, almost all using natural gas, may reduce scarcity pricing if they are approved, industry observers said Sept. 3, but it could increase natural gas demand and prices. The Public Utility Commission of Texas approved a portfolio of 17 dispatchable generation projects…Read More