Texas Commits $5 Billion to Grid Modernization: New Fund Targets Reliable Power, Transmission Upgrades
In a significant legislative move following a focused special session, the Texas Legislature has successfully passed Senate Bill 7 (SB 7), a landmark piece of legislation aimed at fortifying the state’s energy infrastructure. The bill’s passage establishes the Texas Energy Reliability and Modernization Fund, a substantial financial mechanism endowed with an initial $5 billion. This…

