Texas 2021 - 87th Regular

Texas House Bill HR1779

Caption

Expressing support for geothermal energy production.

Impact

The resolution underscores the potential economic benefits of developing geothermal resources, particularly in repurposing existing oil and gas infrastructure. As geothermal energy production can utilize technology adapted from oil and gas industries, the bill aims to create opportunities for employment in this burgeoning sector while promoting environmental sustainability. It specifically mentions the state's geological advantages and the availability of geothermal resources previously identified, indicating that Texas holds significant untapped potential for harnessing this energy source.

Summary

House Resolution 1779 expresses support for geothermal energy production in Texas, emphasizing the potential of this renewable resource to enhance the state's energy portfolio. The resolution reflects on the challenges faced by the Texas power grid during the February 2021 Winter Storm Uri, which revealed the vulnerabilities in electricity generation across various sources including natural gas, nuclear, and renewable energy solutions. By highlighting geothermal energy, the bill advocates for a reliable, consistent, and clean energy source that can operate autonomously from external weather conditions.

Contention

While the resolution does not present explicit opposition, it acknowledges the historical stagnation of geothermal initiatives due to fluctuations in the oil market. The underlying tension between advancing renewable energy technologies and the interests of the traditional fossil fuel sector may become a point of contention as stakeholders consider investments in geological and engineering developments necessary for geothermal energy exploitation. The bill's advocates might face challenges from established oil and gas companies resistant to changing market dynamics, highlighting a broader dialogue on energy transition and economic shifts within the state.

Companion Bills

No companion bills found.

Previously Filed As

TX HCR30

Expressing support for geothermal energy production.

TX HR441

Recognizing Texas Energy Day at the State Capitol on March 7, 2023.

TX SB785

Relating to the ownership of and certain insurance policy provisions regarding the geothermal energy and associated resources below the surface of land.

TX HB5190

Designating the Electric Reliability Council of Texas (ERCOT) as the entity responsible for the reliable supply of electricity in its interconnected area of responsibility, establishing a fund under ERCOT's control to fund a net 5,000 MWe of "dispatchable" "peaking unit" generating capacity owned by "Independent Power Producers", establishing the payment structure to such "Independent Power Producers" to fund the 5,000 MWe of "dispatchable" "peaking unit" generating capacity, establishing the criteria of operation and performance of the "peaking unit" generating capacity under ERCOT's direct control, and establishing criteria for review of ERCOT's performance in its duty to assure reliability of electricity supply.

TX SB6

Relating to the establishment of the Texas Energy Insurance Program and other funding mechanisms to support the construction and operation of electric generating facilities.

TX HCR89

Expressing support for the Bitcoin economy in Texas.

TX HB4983

Relating to the franchise tax credit for certain clean energy projects.

TX SB2203

Relating to the franchise tax credit for certain clean energy projects.

TX SB2627

Relating to funding mechanisms to support the construction, maintenance, modernization, and operation of electric generating facilities.

TX HB4724

Relating to the franchise tax credit for certain clean energy projects.

Similar Bills

NJ S253

Directs BPU to conduct study to determine feasibility, marketability, and costs of implementing large-scale geothermal heat pump systems in State.

CA AB526

Energy: in-state geothermal energy generation.

NJ A1491

Directs BPU to conduct study to determine feasibility, marketability, and costs of implementing large-scale geothermal heat pump systems in State.

NJ S3793

Directs BPU to conduct study to determine feasibility, marketability, and costs of implementing large-scale geothermal heat pump systems in State.

NJ A5442

Directs BPU to conduct study to determine feasibility, marketability, and costs of implementing large-scale geothermal heat pump systems in State.

CA AB527

Oil and gas: California Environmental Quality Act: geothermal exploratory projects: geothermal field development projects: enhanced geothermal system wells.

HI SB3229

Relating To Geothermal Royalties.

NM HB91

Geothermal Resources Project Funds