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Sen. King pushes system for dispatchable‑generation credits; ERCOT, PUC and advocates debate design and risks
Summary
Vice Chair Sarah King told the committee SB 388 would update a 1999 statute by setting a 50% dispatchable target for newly added generation and creating a credit trading program to incentivize firm resources.
Vice Chair Sarah King presented Senate Bill 388 to update a long‑standing statutory target for natural‑gas generation by requiring that 50% of newly added system‑wide generation capacity be “dispatchable” and creating a credit trading mechanism administered under existing Public Utility Commission (PUC) rules. The first compliance snapshot would be the generation built in 2026, reviewed on Jan. 1, 2027.
King said the 1999 statute set a natural‑gas goal that excluded renewables. SB 388 would count renewables when assessing the composition of new generation and set a 50% dispatchable floor for new additions, which would trigger credit allocations and potential compliance payments if the goal is not met.
Energy stakeh…
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