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July 14, 2025

Texas Energy Fund (TEF)

Kerrville PUB
First Texas Energy Fund Loan Goes to Kerrville Utility
The Texas Public Utility Commission executed the first loan agreement under the state’s low-interest energy fund to the Kerrville Public Utility Board for a 122-MW natural gas plant.
© RTO Insider
Applications Open for TEF’s Non-ERCOT Grant Program

The Texas Public Utility Commission has begun accepting applications for up to $1 billion in grants under one of the four Texas Energy Fund programs it administers.

Admin Monitor
ERCOT, PUC Refining Future Load Projections
Texas regulators have declined ERCOT’s request for an exemption from including certain loads without interconnection agreements in its forecasts until the grid operator fine tunes its methodology.
ERCOT
Stakeholder Soapbox: The Unseen Costs of Subsidized Solar
Energy industry insider Doug Sheridan says subsidized solar may look economically attractive today, but its distortive impacts on energy markets tell a different story.
Admin Monitor
Texas PUC Approves 765-kV Transmission Option for Permian Basin
The Texas Public Utility Commission approved a plan that allows ERCOT to authorize the region’s first extra-high-voltage transmission lines and meet the petroleum-rich Permian Basin’s rapidly growing power needs. 
© RTO Insider
Load Growth Dominates Discussions at GCPA’s Spring Conference
Rapid demand growth within ERCOT was a major point of discussion at the Gulf Coast Power Association's recent Spring Conference.
Lone Star Industrial Park
2 More Projects Fall out of TEF Loan Program
The troubled Texas Energy Fund has lost two more projects from its original list of applicants, raising questions about its ability to quickly add 10 GW of gas-fired dispatchable resources to the ERCOT grid.
ERCOT
Texas Loan Program Loses 2 More Gas Projects
Texas’ loan program for gas generation has lost two more projects, marking the third and fourth companies to withdraw projects from the due diligence review process.
Admin Monitor
PUC Adds 2 More Projects to Texas Energy Fund
The Texas Public Utility Commission advanced two generation projects for due diligence review as part of the Texas Energy Fund’s In-ERCOT loan program, filling a hole left by two proposals that dropped out.
ERCOT
2 Companies Withdraw Texas Energy Fund Projects from Consideration
Two energy companies have withdrawn projects from the Texas Energy Fund, citing equipment procurement constraints that will keep them from meeting a December 2025 deadline.

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