AUSTIN (Nexstar) — Texans will soon vote on a proposition that would create funding to increase “reliability” for Texas’ electric grid in the upcoming election.
Texas Proposition 7, originating from S.J.R. 93 , would create the Texas Energy Fund , which would support and finance the “construction, maintenance, and modernization of electric generating facilities.”
This proposition comes after power grid challenges experienced most notably during winter storms in the past years.
Pablo Vegas, president and CEO of ERCOT , emphasized the grid has become more “volatile” given the current resources.
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“The complexities of managing a growing demand, and a very dynamic load environment with those types of resources becomes more and more challenging,” Vegas said Tuesday during a meeting of the ERCOT board of directors.
Vegas said one solution to overcome the challenge is investing in power production that is available on demand, like power plants fueled by natural gas. Those plants can help during times when the need for electricity strains the supply.