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$8 Billion Proposals Could Bring New Gas-Fired Plants to Texas

April 27, 2021

Via: PowerMag

An energy investment group told Texas regulators the company has a plan to help solve some of that state’s electricity reliability issues, proposing a plan similar to one put forth by billionaire Warren Buffett’s Berkshire Hathaway Energy in March.

Starwood Energy Group on April 23 sent the state’s Public Utility Commission a proposal to build 11 natural gas-fired power plants, investing more than $8 billion to develop and construct the facilities. Representatives from Berkshire Hathaway Energy last month met with Texas lawmakers and said their group was prepared to spend about $8.3 billion to build 10 gas-fired plants across the state.

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