Power Plant Development
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Energy SecurityTexas Issues First Performance-Based Grant Under Energy Fund for LCRA’s New 188-MW RICE Peaker
The Public Utility Commission of Texas (PUCT) has executed its first agreement under the Texas Energy Fund (TxEF) Completion Bonus Grant (CBG) Program, awarding the Lower Colorado River Authority (LCRA) up to $22.56 million for its 188-MW Timmerman Power Plant Unit 1, a new natural gas–fired plant in Caldwell County, Texas. The agreement marks the operational launch of Texas’s performance-contingent funding mechanism, which is designed to accelerate […]
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Legal & RegulatoryEPA Streamlines Preconstruction Permitting to Accelerate Power Plants, Data Centers, and Manufacturing Reshoring
The U.S. Environmental Protection Agency (EPA) has issued new guidance under its New Source Review (NSR) preconstruction permitting program that could allow power plant developers to begin certain non-emissions‐related site work—such as installing concrete pads, grading, and utility trenching—before obtaining a Clean Air Act construction permit. The change, described in a sparse set of paragraphs […]
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gas turbines“We’re Writing a New Chapter”: Mitsubishi Power CEO Bill Newsom on AI, Gas Turbines, and the Path to Decarbonization
The U.S. power sector seems to be increasingly pulled in two directions. While trundling toward rapid electrification, it is seeking to hold its ground on recent decarbonization triumphs. And while utilities and power companies are racing to add generation capacity, their prospects are limited by aging infrastructure and upended by supply chain constraints that have […]