Texas Senate approves credit program for dispatchable generation
By EsqSocial Corporation 09/04/25
On March 24, 2025, the Texas Senate passed S.B. 388, a bill establishing a mandatory program for “dispatchable” power credits. The proposed program generally resembles programs established in other states to incent the construction of renewable and, in a few cases, nuclear resources. The stated intention of the program is to ensure that 50% of new capacity installed from 2026 onwards is “dispatchable.” Dispatchable is defined in contrast to “non-dispatchable” which is defined as being...
By: Hogan Lovells