Senate Notice of Public Hearing — Business & Commerce (June 12, 2024)

Summary

Revised notice of public hearing from the Senate for the Committee on Business & Commerce, Senator Charles Schwertner, Chair, for Wednesday, June 12, 2024, at 9:00 AM. The Senate Business and Commerce Committee will hear invited and public testimony on interim charges titled Electricity Market Design, Transmitting Texas Power and Impact of Bitcoin Mining on the Texas Electric Grid. The Electricity Market Design charge includes monitoring the implementation of House Bill 1500, 88th Legislature, and the Bitcoin charge asks for a study of energy-intensive cryptocurrency mining facilities. Public testimony is limited to 2 minutes.

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Full text

** REVISION ** SENATE NOTICE
 OF PUBLIC HEARING
COMMITTEE: Business
 & Commerce TIME & DATE: 9:00
 AM, Wednesday, June 12, 2024 PLACE: E1.028
 (Hearing Room) CHAIR: Senator Charles Schwertner
The Senate Business and Commerce Committee will meet
 Wednesday, June 12, 2024 at 9:00 a.m. to hear invited and public testimony on
 the following interim charges:
Electricity Market Design : Assess state efforts to provide incentives for new
 thermal generation. Review and report on the state of the electricity market
 in Texas and issues impacting the reliability and resiliency of the Texas
 electric grid. Consider rulemaking related to wholesale market design,
 including the impact of these changes on grid reliability, market revenues,
 costs to consumers, and the efficiency of operations. Examine and report on
 the direct and indirect impacts that variable resources, such as wind and
 solar, have on grid resiliency, consumer prices, and market uncertainty. Monitor
 the implementation of House Bill 1500, 88th Legislature.
Transmitting Texas Power : Identify the future electric transmission and
 distribution system needs of the state and recommend ways to reduce barriers
 to constructing the necessary electric infrastructure to support the growing
 demand and changes in technology. Review and make any necessary
 recommendations to enhance legislation passed during the 88th legislative
 session, including the status of projects to improve the safety and
 resiliency of the transmission system, as well as the effect of current and
 future projects on consumer costs.
Impact of Bitcoin Mining on the Texas Electric Grid : Study the impact of energy-intensive cryptocurrency
 mining facilities on the Texas electric grid. Report on whether any changes
 should be made to ERCOT demand response programs and large flexible load
 registration requirements to limit the impact of these facilities on system
 reliability and consumer costs.
Public testimony is limited to 2 minutes. If submitting
 written testimony, please provide 20 copies to the clerk with your name on
 each copy.
** See Committee Coordinator for previous versions of the
 schedule **
NOTICE OF ASSISTANCE AT PUBLIC MEETINGS PERSONS WITH DISABILITIES WHO PLAN TO ATTEND THIS MEETING
 AND WHO MAY NEED ASSISTANCE, SUCH AS A SIGN LANGUAGE INTERPRETER OR PERSONAL
 ASSISTIVE LISTENING DEVICES, ARE REQUESTED TO CONTACT THE SENATE COMMITTEE
 COORDINATOR AT 512/463-0070, 72 HOURS PRIOR TO THE MEETING SO APPROPRIATE
 ARRANGEMENTS CAN BE MADE.

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