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2023 will be a big year for renewables in the Lone Star State with both load growth and new clean energy projects continuing to outpace predictions. Texas currently leads the nation in new renewables projects: wind power generation in ERCOT is expected to reach 29% this year, while solar is predicted grow to 8%, as renewable resources are marked to tick up to 37% of power generation – and overtake natural gas for the first time!
However, enormous changes are on the horizon with rule reforms and Phase 2 of the ERCOT market redesign underway. At the same time, extreme weather and price volatility are both increasing risks and opening new opportunities. What is the interplay between new tax laws and other federal incentives to the financeability of projects when the dust settles on Texas’ own rule changes? How can Texas keep transmission and interconnection from limiting potential growth? Only those with the best market knowledge will be able to answer these questions and construct economically viable, innovatively structured, and long-term profitable projects.
Infocast’s Texas Clean Energy Summit is the best place to connect with developers, asset owners, QSEs, offtakers, financiers, investors, and other key players to discuss the booming opportunities in today’s renewables environment leading to successful deals. This must-attend event will provide the latest market insights to speed the development of viable projects as well as examine PUCT’s proposed performance credit mechanism, resource adequacy, power prices, project siting and bankability, and how to best meet the shifting needs of commercial, industrial, and retail customers.
An unparalleled group of experts and insiders will discuss: