Investigation into Texas freeze highlights natural gas failures, frequency of cold weather events

Renewable energy advocates are closely watching the Texas Public Utility Commission's grid redesign to see if the renewables are unfairly burdened with resiliency costs.
In August, the U.S. Partnership for Renewable Energy Finance – made up of a coalition of corporations that includes Google, Amazon Web Services, and Goldman Sachs – sent a letter urging Texas leaders to scrap anti-renewable energy proposals crafted in response to the storm.
The letter addressed to Gov. Greg Abbott, Public Utility Commission of Texas Chairman Peter Lake, and leaders in the state legislature, said current policy proposals are built on the false premise that renewable energy sources – like wind and solar – were to blame for the outages.
In July, Abbott directed the PUC to “allocate reliability costs to generation resources that cannot guarantee their own availability, such as wind or solar power” and to “streamline incentives within the ERCOT market to foster the development and maintenance of adequate and reliable sources of power, like natural gas, coal, and nuclear power.”
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