Substitute Senate Bill 6 and Senate Joint Resolution 1
A hearing examined the proposed Texas Energy Insurance Program and new generation financing.
Proposed Generation and Financing Measures
Stakeholder Opposition and Alternative Perspectives
Legislative Status at the Time
Outcomes
On March 23, 2023, the Texas Senate Committee on Business and Commerce considered substitute Senate Bill 6 and Senate Joint Resolution 1.
The proposal targeted additional dispatchable natural-gas generation and maintenance support intended to improve the resilience of Texas power supply.
Proposed Generation and Financing Measures
The historical proposal contemplated construction of 10 GW of new dispatchable generation and a zero-interest financing program to maintain or modernize eligible existing plants.
Stakeholder Opposition and Alternative Perspectives
Witnesses questioned the cost and potential market effects of a separate standby generation program.
Enchanted Rock representative Corey Amthor advocated investment in actively market-participating distributed generation. Other stakeholders called for a more diverse technology mix, including storage.
Legislative Status at the Time
The original coverage described the bill as pending in committee after the hearing. Its status must be evaluated against later legislative developments.
Historical Senate hearing coverage, not a description of current law.
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