Texas Approves $5 Billion in Energy Projects Amid Grid Concerns

The Public Utility Commission of Texas has announced the selection of seventeen proposals, totaling more than $5 billion, as part of the voter-approved Texas Energy Fund. This decision comes amid growing concerns about the reliability of the energy grid, with experts warning of potential blackouts. Legislators are considering funding upgrades for power plants to address these issues. CenterPoint has pledged billions in new investments to enhance the resiliency of the Texas grid.