Public Utility Commission of Texas last week approved Permian Basin Reliability Plan “to ensure the long-term energy reliability and economic prosperity of Texas.” The plan addresses concerns over insufficient transmission access in the basin. Texas Oil and Gas Association, in its announcement of the approval Sept. 26, said, “Infrastructure has not kept pace with the rapid growth in the region’s energy demand, necessitating a bold approach to ensure that the electric grid is equipped to meet current and future needs.”
Todd Staples, TXOGA president, added, “We appreciate the PUC commissioners and staff, legislative leaders, Rep. Charlie Geren, Sen. Charles Schwertner, stakeholders and the Electric Reliability Council of Texas for the work that has been done to complete this plan and move us forward to this vital transmission buildout.”
Ben Shepperd, president of Permian Basin Petroleum Association, said, “While other states and countries are turning their backs on domestic energy production, decreasing reliability and increasing costs, Texas is again taking the lead to support the abundant, reliable and affordable energy that America and our allies need. We are proud of the investments that our oil and natural gas operators have made to modernize and electrify assets.”
The approved plan lays the groundwork for critical infrastructure upgrades and increased investment in transmission and distribution capacity as the state explores extra high voltage lines across Texas.