Houston Public MediaSep 26

A new gas power plant in Baytown from NRG Energy will receive hundreds of millions of dollars in taxpayer money as part of a loan from the state, Gov. Greg Abbott announced Friday.

https://www.houstonpublicmedia.org/articles/news/energy-environment/2025/09/26/531996/new-nrg-gas-facility-in-baytown-receives-562-million-state-loan/

#EnergyEnvironment #Local #News #Texas #Ercot #NaturalGasPowerPlants #NrgEnergy #PUCT #TexasEnergyFund

NRG receives $562 million state loan for new gas plant in Baytown

Gov. Greg Abbott announced the state would fund about 60% of the total project cost. It’s NRG Energy's second state grant as part of the Texas Energy Fund.

Houston Public Media
Houston Public MediaAug 26, 2025

The Texas Energy Fund was created in 2023 with the goal of jump-starting the construction of more natural gas power plants. But in the two years since, experts say the energy market has turned against the development of such plants.

https://www.houstonpublicmedia.org/articles/news/energy-environment/2025/08/26/529475/texas-7-2-billion-loan-program-for-gas-power-plants-has-approved-two-projects-in-two-years/

#Business #Development #EnergyEnvironment #Infrastructure #News #Texas #NaturalGas #NaturalGasPowerPlants #NRG #PublicUtilityCommissionOfTexas #TexasEnergyFund

Texas’ $7.2 billion loan program for gas power plants has approved two projects in two years

Experts say the Texas Energy Fund is facing an energy market that makes new power plants more expensive and less profitable.

Houston Public Media
Houston Public MediaMar 5, 2025

Houston-based NRG Energy has announced a venture to build four new natural gas power plants in the U.S. to power artificial intelligence data centers, with some slated for Texas.

https://www.houstonpublicmedia.org/articles/news/energy-environment/2025/03/05/515340/nrg-energy-announces-plans-for-4-new-natural-gas-plants-to-power-a-i/

#Business #EnergyEnvironment #Houston #Infrastructure #Local #News #Texas #Ercot #NaturalGasPowerPlants #NrgEnergy #TexasEnergyFund

Houston-based NRG Energy announces plans for four new natural gas plants to power AI

The company said the new facilities will serve the Electric Reliability Council of Texas (ERCOT), which operates the Texas power grid, and the Pennsylvania-New Jersey-Maryland (PJM) regions.

Houston Public Media
Houston Public MediaNov 8, 2023

Texans approved billions in spending on power plants. What comes next?

The vote dedicates billions of tax dollars to build and maintain power plants. Now comes the tricky part.

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#ConstitutionalAmendments #Legislature #proposition7 #TexasEnergyFund

Texans approved billions in spending on power plants. What comes next?

The vote dedicates billions of tax dollars to build and maintain power plants. Now comes the tricky part.

Houston Public Media
Houston Public MediaNov 6, 2023

Proposition 7 would provide billions in incentives for new power plants in Texas

Supporters say the creation of the energy fund will bolster the Texas grid. Opponents say it’s an unnecessary giveaway to power companies and the gas industry.

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#ElectricReliabilityCouncilOfTexas #proposition7 #PublicUtilityCommissionOfTexas #TexasEnergyFund

Proposition 7 would provide billions in incentives for new power plants in Texas

Supporters say the creation of the energy fund will bolster the Texas grid. Opponents say it's an unnecessary giveaway to power companies and the gas industry.

Houston Public Media