Getting more power plants to open in Texas may be complicated. Here s why
Texas needs more natural gas plants that can turn on quickly to address the state s power needs. But will companies want to invest? Author: Andrew Moore Updated: 10:02 PM CDT July 5, 2021
TEMPLE, Texas
Natural gas power plants make up 51% of available power on the Texas power grid. Not all plants are on at the same time, but they make up the majority of the power in the state.
Due to the growth of renewable energy however, with wind power at 26% of the available power, the market price for electricity can stay so low those natural gas plants may not want to turn on. At the same time, if there is little wind available, natural gas plants are key in supporting the grid.