Senate Business & Commerce Committee — Interim Charges (November 17, 2022)
Summary
The Senate Business & Commerce Committee will meet Thursday, November 17, 2022 at 9:00am to hear invited and public testimony on interim charges, according to this announcement. The Electricity charge covers an assessment of the Texas electricity market, including transmission planning and maintenance scheduling, the effect of increased electric vehicle usage on ERCOT, the growth of renewable energy generation, and plans to add new dispatchable generation. It also covers monitoring implementation of Senate Bill 2 and Senate Bill 3 (87th Legislature). The Blockchain and Virtual Currencies charge covers state and federal regulations and monitoring House Bill 1576 and House Bill 4474.
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“Senate Business & Commerce Committee — Interim Charges (November 17, 2022).”
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The Senate Business & Commerce Committee will meet Thursday, November 17, 2022 at 9:00am to hear invited and public testimony on the following interim charges: Electricity : Assess the electricity market in Texas. Study issues impacting the Texas electric grid, including transmission planning and maintenance scheduling. Study the consequences of increased electric vehicle usage and charging on the generation, transmission and distribution, and retail sectors of Electric Reliability Council of Texas (ERCOT) and evaluate their potential impact on increased electric demand and reliability of the grid. Examine the growth of renewable energy generation in the state and evaluate its impact on grid reliability. Make recommendations to strengthen the reliability of the grid, and meet the future generation needs of ERCOT through new and existing dispatchable generation. Assess plans to expeditiously add new dispatchable generation. Monitor the implementation of Senate Bill 2 and Senate Bill 3, 87th Legislature. Blockchain and Virtual Currencies : Study current state and federal regulations surrounding blockchain and virtual currencies. Examine how these technologies impact industries such as banking, business, and electricity. Make recommendations to protect consumers while encouraging innovation. Monitor the implementation of House Bill 1576 and House Bill 4474, 87th Legislature. Public testimony is limited to 2 minutes. If submitting written testimony, please provide 20 copies to the clerk with your name on each copy.
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