Exec Calls for Action on New Texas Gas-Fired Plants
The post Exec Calls for Action on New Texas Gas-Fired Plants appeared first on POWER Magazine.
The chief executive of a Connecticut-based energy investment firm has called for action on his group’s proposal to build as many as 11 new natural gas-fired power plants in Texas.
Himanshu Saxena, CEO of Starwood Energy Group, in a June 14 interview said, “We would like to see significant steps in countering, negotiating and material tangible actions on our proposal.”
Saxena’s comments, published by Reuters, came the same day the state’s grid operator, the Electric Reliability Council of Texas (ERCOT), asked Texans to reduce their electricity use “as much as possible” this week. ERCOT said that power plants accounting for as much as 11 GW of generation capacity were offline due to what it called “forced outages,” at a time when temperatures have soared into the upper 90s in the state. ERCOT in an email to POWER wrote that “forced outages are unscheduled and result from the failure of a power plant to function as designed.”…