MIDLAND, TX – Power West Texas, a campaign representing the region most directly affected by delays in building electric transmission capacity, launched today to voice strong support for the timely completion of the Permian Basin Reliability Plan. The Permian Basin Reliability Plan was put in motion by the Texas Legislature in 2023 through House Bill […]
Industry trades sent a joint letter to Governor Abbott, Lt. Governor Patrick, and Speaker Burrows on the demonstrated need for transmission in West Texas.
The PUCT approves the three 765-kilovolt (kV) import paths identified in Table 7.5 of the Permian Basin Reliability Plan.
The PUCT approves the reliability plan submitted by ERCOT to serve the Permian Basin region through 2038. This includes approval of all the common local projects that are required to serve the region through 2038, irrespective of the voltage level that the Commission approves for the import paths, and authorization for transmission service providers to […]
Texas State Representative Charlie Geren (R-Fort Worth), bill author of HB 5066, urges ERCOT to fully implement the Permian Basin Reliability Plan without delay.
Following the passage of HB 5066, ERCOT completed a study and reliability plan for the Permian Basin, noting “unprecedented load growth.”
Section 39.167 of the Public Utility Regulatory Act (PURA), implementing HB 5066 requires the PUCT, no later than January 30, 2024, to direct ERCOT to develop a reliability plan under PURA § 39.166 for the Permian Basin region.
This S&P Global study is an expanded follow-up to the 2020 “West Texas Forecasted Load Additions” study. Global oil markets and company electrification priorities grew necessitating a significant increase in electric load demand within the basin.
The study provides an in-depth look into the nuts and bolts of the oil and gas industry to create a bottom-up analysis of electric load forecast based on geology, industry intelligence, oil and gas expertise, commercial considerations, and conservative translations of oil and gas power needs into electric-load demands.
