Texas SB388 sets a goal for 50% of new electric generation capacity to be sourced from natural gas after 2026.

Texas SB388 amends the Utilities Code to establish a goal for 50% of the megawatts of generating capacity installed in the ERCOT power region after January 1, 2026, to be sourced from natural gas. The bill also mandates the creation of a dispatchable generation credits trading program by the Public Utility Commission. This program will allow power generation companies, municipally owned utilities, and electric cooperatives to trade credits for meeting natural gas generation requirements.

Texas SB388 sets a goal for 50% of new electric generation capacity to be sourced from natural gas after 2026.

Texas SB388 amends the Utilities Code to establish a goal for 50% of the megawatts of generating capacity installed in the ERCOT power region after January 1, 2026, to be sourced from natural gas. The bill also mandates the creation of a dispatchable generation credits trading program by the Public Utility Commission. This program will allow power generation companies, municipally owned utilities, and electric cooperatives to trade credits for meeting natural gas generation requirements.