Texas Issues First Performance-Based Grant Under Energy Fund for LCRA’s New 188-MW RICE Peaker
by Sonal Patel from POWER Magazine on (#71EYZ)
ThePublic Utility Commission of Texas (PUCT) has executed its first agreementunder the TexasEnergy Fund (TxEF) CompletionBonus Grant (CBG) Program,awarding theLower Colorado River Authority (LCRA)up to $22.56 million forits 188-MW Timmerman PowerPlant Unit 1, a new natural gas-fired plant in Caldwell County, Texas. Theagreement marksthe operationallaunch of Texas's performance-contingent funding mechanism, which is designed to accelerate [...]
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