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AUSTIN – Gov. Greg Abbott champions Texas’ burgeoning energy industry, increasing power capacity on the state’s grid and all of the above energy approaches to solidify Texas’ position as the world’s energy hub. He highlighted Texas’ progress in 2024 in investing. .
“Texas would not be the energy capital of the world without the hard work of the men and women of the energy industry,” Governor Abbott said. “As Texas continues its unprecedented growth, we will continue to be a leader in the energy sector while strengthening the Texas power grid to meet the growing demands of our great state. For months, we strengthened the power grid’s distributable power capabilities to ensure all Texans have access to affordable, reliable power. Together, we strengthened the energy industry. By 2025, all households and businesses will strengthen their We will continue to expand our capacity to ensure we have the power we need to thrive in 2020 and beyond.”
Texas Energy Sector Highlights of 2024:
Governor Abbott touts Texas energy at 2024 fireside chat
Gov. Greg Abbott touted Texas’ robust energy sector at fireside chats across the state this year, highlighting the important work the men and women of the energy industry are doing to keep the state the energy capital of the world. We discussed.
At the Dallas Citizens Council 2024 Annual Meeting held earlier this month, Governor Abbott defended the state’s energy sector, saying Texas is number one in wind power and solidifying Texas as the energy capital of the world. The company also emphasized that it ranks first in terms of practical-scale solar power generation capacity. . Additionally, Governor Abbott spoke about Texas’ ongoing efforts to become a hub for the nuclear energy supply chain that helps feed the state’s power grid.
During a fireside chat at the Lone Star Energy Forum in November, Governor Abbott discussed the Texas Energy Fund, which will ensure Texas has access to robust energy sources to meet growing demand. He pointed out that in order to continue, the introduction of nuclear energy should be prioritized.
Speaking at the Texas Power Policy Summit in April, Governor Abbott said that Texas is the No. 1 state in wind power generation, the top state in the nation for utility-scale solar power generation, and that fossil fuel power is the backbone of Texas. It was advertised as . grid. Additionally, Governor Abbott last year signed legislation creating the Texas Energy Fund, which will provide up to $10 billion in loans and grants over the next four years to expand or build new dispatchable power across the state. said.
In February, at the NAPE Summit with Oklahoma Governor Kevin Stitt, Governor Abbott highlighted Texas’ robust energy sector and how the state will continue to protect this vital industry from federal overreach. The governor also touted new records set last year by the state’s booming energy industry, including crude oil production, natural gas production and liquid natural gas production.