Business and Commerce Committee
- Electricity Market Design: Assess state efforts to provide incentives for new thermal generation. Review and report on the state of the electricity market in Texas and issues impacting the reliability and resiliency of the Texas electric grid. Consider rulemaking related to wholesale market design, including the impact of these changes on grid reliability, market revenues, costs to consumers, and the efficiency of operations. Examine and report on the direct and indirect impacts that variable resources, such as wind and solar, have on grid resiliency, consumer prices, and market uncertainty. Monitor the implementation of House Bill 1500, 88th Legislature.
- Texas Energy Fund: Review and report on the impact of Senate Bill 2627, the Powering Texas Forward Act, as passed by the 88th Legislature, which established the Texas Energy Fund (TEF) to provide grants and loans to finance the construction, maintenance, modernization, and operation of electric facilities in Texas.
- Innovative Power Generation: Explore emerging technologies with the potential to add new dispatchable power to our electric grid including, but not limited, to small modular nuclear reactors, advanced batteries, and new developments in hydrogen and geothermal resources. Identify and recommend regulatory and policy actions required to deploy emerging technologies within the state’s electric grid.
- Transmitting Texas Power: Identify the future electric transmission and distribution system needs of the state and recommend ways to reduce barriers to constructing the necessary electric infrastructure to support the growing demand and changes in technology. Review and make any necessary recommendations to enhance legislation passed during the 88th legislative session, including the status of projects to improve the safety and resiliency of the transmission system, as well as the effect of current and future projects on consumer costs.
- Managing Texas Sized Growth: Evaluate the state’s ability to keep pace with increasing electricity demand related to population growth and energy intensive technologies such as electric vehicles and data centers. Recommend ways to increase reliability via demand-side response programs. Study ERCOT’s forecasting methodology and recommend ways to increase transparency. Monitor ongoing efforts at the Public Utility Commission related to energy efficiency programs and distributed energy resources, including the implementation of Senate Bill 1699, 88th Legislature.
- Impact of Bitcoin Mining on the Texas Electric Grid: Study the impact of energy-intensive cryptocurrency mining facilities on the Texas electric grid. Report on whether any changes should be made to ERCOT demand response programs and large flexible load registration requirements to limit the impact of these facilities on system reliability and consumer costs.
State Affairs Committee
- Responsible Investing: Study the impact of environmental, social, and governance (ESG) factors on our state’s public pensions, with a focus on proxy voting services. Make recommendations to ensure our state’s pension systems vote and invest in accordance with their fiduciary responsibility to maximize profit. Additionally, monitor the implementation of Senate Bill 13, 87th Legislature, relating to state contracts with and investments in certain companies that boycott energy companies. Specifically, examine how a company is removed from the list of companies that boycott energy companies when the company ceases to boycott energy companies. Report on how frequently the list maintained by the comptroller is updated and make recommendations to ensure an ongoing accurate list.
Finance Committee
- Monitor Property Tax Relief and Infrastructure Funds: Monitor the appropriations supporting, and implementation of, the following legislation passed during the 88th Legislature, Regular or Special Sessions, and approved by voters, amending the Texas Constitution:
- Texas Energy Fund: Senate Bill 2627 and Senate Joint Resolution 93, 88th Legislature, Regular Session