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

Summary

Senate notice of public hearing, marked REVISION, for the Committee on Business & Commerce at 9:00 AM on Wednesday, June 12, 2024, in E1.028 (Hearing Room), with Senator Charles Schwertner as chair. The committee would hear invited and public testimony on interim charges: Electricity Market Design, Transmitting Texas Power, and Impact of Bitcoin Mining on the Texas Electric Grid. The charges include monitoring implementation of House Bill 1500, 88th Legislature. 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.




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  ** 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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